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The Trump administration has more and bigger plans for Bitcoin as part of the new strategic crypto reserve. What exactly are they planning?

Robinhood’s CEO, Vlad Tenev, warns that political infighting could kill vital crypto legislation — what does he mean by that?

Plus, don’t miss Benzinga’s must-attend virtual forum on the rapidly evolving ETF market! Join us on June 5th at 10 am ET to explore the latest trends in crypto ETFs, thematic ETFs and innovative structures. Gain valuable insights into strategies reshaping how financial advisors guide clients and how retail investors adjust their portfolios.

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TOP STORY

Trump Administration Eyes Strategic Bitcoin Reserve As Part Of US Market Infrastructure Overhaul

The Trump administration is preparing to incorporate Bitcoin into its long-term market infrastructure strategy, according to Bo Hines, Director at President Trump's Digital Assets Council.

Speaking with CNBC at Bitcoin Conference 2025, Hines confirmed the administration is actively exploring a strategic Bitcoin reserve, positioning the cryptocurrency alongside traditional commodities like gold in the government’s asset mix.

“This is something we absolutely need to capitalize on for the American people,” Hines said. “That includes an accumulation strategy.”

What exactly does the administration have in mind?

Read the full scoop here.

SPONSORED CONTENT

Don’t miss Benzinga’s must-attend virtual forum on the rapidly evolving ETF market! Join us on June 5th at 10 am ET to explore the latest trends in crypto ETFs, thematic ETFs, and innovative structures. Gain valuable insights into strategies reshaping how financial advisors guide clients and how retail investors adjust their portfolios.

Click here to reserve your spot today!

QUICK N DIRTY

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Michael Saylor has new beef with Peter Schiff! The former said ‘Bitcoin is engineered to outperform gold,’ but the latter did not wait long to respond.

Mark Zuckerberg and Bitcoin? Yes, those two have a connection now: here’s what that is all about.

FINTECH FOCUS

Robinhood CEO Says Political Infighting Is 'A Concern' For Crypto Legislation

Robinhood CEO Vlad Tenev on Thursday warned that political conflict in Washington could derail critical crypto legislation, emphasizing the need for regulatory clarity in the U.S. to realize the full potential of tokenized assets.

Speaking with CNBC at Bitcoin Conference 2025, Tenev emphasized that legislative gridlock could hinder efforts to modernize U.S. financial infrastructure and create uncertainty over how crypto assets are regulated.

Tenev identified market structure legislation as a potential casualty of political infighting.

“It’s a concern,” he said, referencing conflicts over regulatory jurisdiction and recent criticisms surrounding political figures' ties to crypto-related ventures.

Should the crypto industry be concerned?

Read the full scoop here.

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