The Trump administration’s newly released national security strategy makes no mention of cryptocurrency or blockchain, even as the digital asset sector becomes more intertwined with global finance and President Donald Trump warns of rising competition from abroad.
Published on Friday, the strategy document outlines the administration’s top priorities, placing strong emphasis on artificial intelligence and quantum computing as the “core, vital national interests” of the United States.
“We want to ensure that US technology and US standards — particularly in AI, biotech, and quantum computing — drive the world forward,” the administration stated.
The absence of crypto-related policy is notable given Trump’s recent remarks. In an interview with CBS’ 60 Minutes last month, he said he did not want “China to be number one in the world in crypto” and has repeatedly called for all Bitcoin mining operations to be based in the United States.
Earlier this year, CIA deputy director Michael Ellis echoed similar concerns, describing cryptocurrency as “another area of technological competition where we need to make sure the United States is well-positioned against China and other adversaries.”
Still, the strategy includes one indirect reference: a section highlighting Trump’s goal to preserve and expand “America’s financial sector dominance” through “leadership in digital finance and innovation.” While vague, the language could signal an implicit acknowledgment of crypto’s role within the broader digital finance ecosystem.
Trump Has Advanced Multiple Crypto Policies
Despite the omission of crypto from the national security strategy, the Trump administration has taken several steps this year to support the digital asset industry, rolling out a series of promised policies that have encouraged wider adoption by financial institutions.
Trump signed the stablecoin-focused GENIUS Act into law and issued executive orders establishing a federal crypto task force and banning a central bank digital currency. His administration has also pulled back numerous crypto-related enforcement actions previously pursued by federal agencies.
In addition, the government has created a Bitcoin reserve and digital asset stockpile composed of forfeited cryptocurrencies, and is now exploring “budget-neutral” ways to expand these holdings.
Bitcoin Reacts as Markets Digest Strategy Document
Bitcoin briefly dipped below $90,000 over the weekend as markets responded to the national security strategy, which urges US allies to “contribute far more” to defense spending.
The strategy calls for NATO members to raise defense expenditure to 5% of GDP — up from the current 2% target — a shift that would increase government borrowing and potentially push inflation higher, making future interest rate cuts more difficult for central banks.
Fed Decision Driving Crypto Market Expectations
Crypto traders are now focused on the Federal Reserve’s interest rate decision this week, as lower rates have historically encouraged investors to take on riskier assets like Bitcoin.
Market expectations strongly favor a rate cut at the Fed’s Tuesday–Wednesday meeting. According to CME’s FedWatch tool, roughly 88.5% of traders anticipate a 25-basis-point reduction.
