Bitcoin as a National Asset?
At the 2025 World Economic Forum in Davos, Coinbase CEO Brian Armstrong shared groundbreaking insights into global cryptocurrency trends. Armstrong revealed that finance ministers worldwide are exploring Strategic Bitcoin Reserves, signaling a potential pivot toward cryptocurrency adoption.
This trend gained traction following reports of the United States considering a similar initiative. “The energy was palpable throughout the room,” Armstrong said during a live interview with Andrew Sorkin. “It’s the dawn of a new day for crypto.”
The announcement comes after years of regulatory challenges for the crypto industry in the U.S., which Armstrong described as stifling innovation. His optimism reflects the changing landscape as global leaders begin to see bitcoin as a strategic asset.
Regulatory Hurdles and a Path Forward
Armstrong criticized the previous U.S. administration for using unclear regulations to hinder the crypto sector. He accused regulators of weaponizing the lack of clarity to target legitimate crypto businesses.
He emphasized the need for clear laws to foster innovation and attract capital. “The U.S. has to lead with legislation that encourages collaboration and protects self-custodial wallets,” Armstrong said. He proposed a “Bill of Rights” for wallets as a way to establish trust and remove barriers for startups.
Armstrong also condemned “Operation Chokepoint 2.0,” a strategy he claimed discouraged banks from supporting crypto companies. “Soft pressure” and vague risk warnings, he argued, unlawfully pushed institutions away from the sector.
The Trump Family and Meme Coins
The conversation shifted to the controversial involvement of former President Trump and his family in the crypto space. Trump-backed meme coins have raised eyebrows, with critics questioning their legitimacy and risks for inexperienced investors.
Armstrong urged caution but defended market freedom. “A lot of technology looks like a toy at first,” he said, comparing meme coins to the internet’s early days. “It could evolve into something powerful. Everyone should have the right to explore it.”
Bitcoin’s Resurgence and Global Adoption
Bitcoin’s market performance has reflected growing interest from policymakers. Despite a recent dip due to regulatory concerns, bitcoin has surged nearly 50% since the U.S. presidential election. Armstrong credited this rise to optimism about legislation and bitcoin’s acceptance as a strategic asset.
“Bitcoin hit an all-time high yesterday,” Armstrong noted, predicting long-term growth. “I believe bitcoin will eventually reach millions in price as more customers adopt it and ETFs bring in inflows.”
Armstrong’s meetings with global leaders suggest the U.S. could set off a domino effect. “If the U.S. started a Strategic Bitcoin Reserve, the rest of the G20 would follow,” he said.
A New Era for Crypto
The shift in Washington’s approach signals a turning point for the crypto industry. After years of pushback, the tone has softened, paving the way for innovation and legitimacy.
While the details of U.S. policy remain unclear, Armstrong’s insights from Davos highlight bitcoin’s growing recognition as a global financial tool. This year could mark a transformative chapter for digital assets as governments and markets recalibrate their strategies.
As Armstrong puts it, “It’s not just about crypto anymore—it’s about the future of money.”