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How Trump’s support for Bitcoin is creating global momentum — and what it means for Australians

May 21, 2025

9 min read

How Trump’s support for Bitcoin is creating global momentum — and what it means for Australians

In early 2025, Donald Trump made headlines with a surprising pivot. After years of mixed messages and market uncertainty, the United States is now openly backing Bitcoin — not just in speeches, but through sweeping policy changes. From reversing anti-crypto sentiment to welcoming digital innovation, the Trump administration has taken a hard pro-Bitcoin stance.

And the impact is already being felt well beyond US borders.

This is not just another headline in American politics. This shift is reshaping how global markets, regulators and investors view crypto — and Australians have good reason to pay attention.

Whether you have been stacking sats for years or are just starting to explore Bitcoin as an investment, this moment could mark the beginning of a major new chapter in crypto adoption. Let’s take a look at how Trump’s support is changing the game — and how it might influence your next move.

A new tone from Washington — and new confidence for crypto

For years, US banks were cautious when it came to crypto. Some were even quietly discouraged from doing business with digital asset companies — a trend that became known in the industry as Operation Choke Point 2.0.

That approach is now in the rear-view mirror.

Under Trump’s new direction, American banks are being encouraged to work with crypto firms — as long as they meet clear compliance standards. The focus has shifted from avoidance to engagement.

That matters on a global level. Why?

  • It improves banking access for exchanges and platforms around the world
  • It allows more reliable on-ramps and off-ramps for converting between crypto and fiat
  • It signals to other regulators — including in Australia — that crypto deserves inclusion, not isolation

More access means more stability. It also gives investors fewer hurdles — which means smoother deposits, easier withdrawals and lower transaction costs. That kind of progress can help push crypto further into the financial mainstream.

New SEC leadership and a fresh regulatory mindset

Alongside changes to banking, there has been a shake-up at the US Securities and Exchange Commission. Paul Atkins, a long-time advocate for markets-first policy, has stepped in as Chair — and brought with him a clear change in tone.

Rather than treating all digital assets as risky or unlawful, the new approach is more measured. Legitimate projects are being treated fairly, while enforcement is now more targeted — focusing on actual fraud, not innovation.

Here is what that means:

  • Clearer guidance on what counts as a security
  • Open feedback loops between crypto businesses and regulators
  • Less fear and uncertainty for global investors

Because US regulation often influences global financial standards, this shift could inspire similar changes in countries like Australia. If regulators here follow suit, we could see more consistent and constructive crypto rules — making it easier for investors and platforms to navigate compliance.

For local investors, this also means less guesswork. You will have a better sense of what is allowed, what is protected and where the opportunities are.

Bitcoin goes mainstream — in policy and public discourse

One of the most impactful things Trump has done is bring Bitcoin into the centre of political and economic conversation.

This is not just about regulatory change. It is about visibility.

Trump has:

  • Referred to Bitcoin as a strategic asset
  • Accepted crypto donations for his political campaign
  • Hosted summits with major digital asset firms and blockchain developers
  • Publicly encouraged crypto miners to operate in the US

These public endorsements do more than make headlines. They give institutional investors confidence. They show super funds and financial advisers that Bitcoin is no longer a fringe topic — it is part of the core economic conversation.

When the sitting President of the US positions Bitcoin alongside national interests, that sends a clear message to markets — this is an asset worth taking seriously.

And that has ripple effects around the world, including here in Australia.

The idea of a national Bitcoin reserve — and what that signals

One of the more ambitious ideas floated by Trump’s team is the creation of a national Bitcoin reserve.

Think of it like a digital version of the gold bars that central banks have traditionally stored — a hedge against inflation and fiat currency devaluation.

And it is not just a talking point. Other countries are already making similar moves:

  • El Salvador has been buying and mining Bitcoin since 2021
  • Bhutan has launched its own sovereign mining operations
  • The United Arab Emirates is exploring digital reserves via its wealth funds
  • Russia and Belarus are using Bitcoin for cross-border trade
  • Argentina’s new leadership is considering crypto in its economic recovery strategy

If this trend continues, Bitcoin could become a kind of global reserve asset — much like gold has been for decades. That raises big questions for Australia.

Should we consider adding Bitcoin to our national financial strategy? Should superannuation funds begin evaluating its long-term value as a hedge? Or will we risk falling behind if we take a wait-and-see approach?

A rebirth of crypto innovation in the US — and beyond

Thanks to this renewed support, the US crypto sector is back in growth mode.

  • Spot Bitcoin ETFs are gaining fast approvals
  • Stablecoin regulation is getting clearer
  • Miners are returning — especially those using renewable energy
  • Developers and founders are bringing capital and ideas back onshore

Why does this matter globally?

Because when the world’s biggest financial system supports digital assets, that momentum spills over into other markets. If you are building a new blockchain platform, launching a tokenised product or investing in a Web3 company, the US just became a much more attractive place to be.

And that puts pressure on other countries — including Australia — to stay competitive.

Smart regulation will attract innovation. Hesitation could lead to brain drain and lost investment. The countries that act now will be the ones who benefit most from the next wave of digital finance.

What should Australian investors watch out for?

This is a turning point — but not without risks. While Trump’s support has lifted market confidence, there are still challenges worth keeping in mind.

1. Meme coins and hype-driven speculation

A Trump-themed meme coin recently surged in popularity — despite having no official endorsement. While it gained attention quickly, it also reminded investors that not all crypto assets are created equal.

Speculative tokens can:

  • Undermine trust in serious crypto projects
  • Distract from real innovation
  • Lead new investors into risky pump-and-dump traps

For Australian investors, this is a good reminder to focus on fundamentals — not fads. Choose assets with long-term value, real use cases and solid infrastructure.

2. Potential conflicts of interest

Trump’s family-linked company, Liberty Financial, has entered the crypto space with custodial and token-based services. While that may support innovation, it also raises questions.

Could regulatory decisions favour companies with political ties? Is there a clear boundary between public policy and private profit?

For crypto to thrive, it needs transparency and trust. If power is concentrated into too few hands — especially politically connected ones — that could damage the decentralised ethos that makes digital assets so appealing.

3. Centralisation through national reserves

While a government buying Bitcoin can sound bullish, it also introduces new risks. If large state actors hold most of the supply, that could:

  • Affect network dynamics
  • Increase the chance of coordinated market influence
  • Challenge the idea of Bitcoin as truly decentralised

As crypto becomes more strategic, it will be important to keep its foundational principles intact.

What this means for crypto users in Australia

So what should Australians take away from all of this?

  • Bitcoin is becoming legitimised by global leaders
  • Regulation is moving toward clarity and support
  • Adoption is growing — not just among retail investors, but institutions and governments too

That means more opportunities — but also a need for more informed decision-making.

At dcx, we believe this is a pivotal moment. The window is open for Australians to engage with crypto in a more regulated and secure environment. This is no longer a niche corner of finance — it is quickly becoming a core part of modern portfolios.

Whether you are buying your first sat, diversifying with Ethereum or exploring stablecoin yields, now is the time to get educated and stay engaged.

At dcx, we’re here to support Australians as they navigate this new phase of crypto. We know this space can move quickly, and sometimes it can feel overwhelming. That’s why we’ve focused on building a platform that’s not just easy to use, but also grounded in education, trust and long-term thinking.

Whether you’re exploring your first investment or looking to grow your portfolio, we offer tools and resources designed to help you make informed decisions at your own pace. From recurring buys and secure storage to learning guides and support when you need it, we’re committed to helping Australians feel confident and capable in the world of digital assets.

It’s not about hype — it’s about building something meaningful. And wherever you are on your journey, we’re glad to be part of it.

Final thoughts — crypto’s spotlight moment is here

Trump’s return to the White House has brought Bitcoin with him. This is not just campaign talk anymore — it is becoming national policy.

That creates momentum. And momentum creates opportunity — but also responsibility.

As this space grows and changes, it is important to stay grounded, stay informed and stay focused on what matters most — building lasting value with the right tools, on your own terms.

Crypto is no longer just a headline. It is part of the bigger financial picture.

And you deserve to be part of it too — with clarity, control and confidence.