This week marked a historic milestone for Bitcoin adoption, as significant strides were made toward establishing a U.S. Strategic Bitcoin Reserve. From the White House Crypto Summit to discussions with industry leaders, the momentum behind integrating Bitcoin into national reserves has never been stronger. As we covered in our previous articles—U.S. Launches Strategic Bitcoin Reserve: A Milestone for Crypto Recognition, Trump’s White House Crypto Summit: Strategic Bitcoin Reserves and Regulatory Clarity, and Trump’s Crypto Reserve: Crypto Giants’ Opinions on Bitcoin’s Future Role—the push for Bitcoin as a recognised strategic asset is gaining traction at the highest levels of government. Meanwhile, in the East, Russia remains cautious, weighing its own approach to crypto reserves and elite trading frameworks.
Russia Holds Off on National Crypto Reserve
Russia’s Finance Ministry has dismissed the possibility of establishing a national strategic crypto reserve, citing the need for liquidity and stability. Deputy Finance Minister Vladimir Kolychev clarified that Moscow would only consider diversifying into riskier assets like Bitcoin once the National Welfare Fund (NWF) reaches 7-10% of the nation’s GDP. Currently, the NWF prioritises gold and Chinese yuan, which comprise 40% and 60% of its holdings, respectively. Kolychev emphasised that liquidity is paramount, warning against investments that could result in significant devaluation upon liquidation. The decision on a potential crypto reserve ultimately lies with the Russian Central Bank, whose governor, Elvira Nabiullina, remains a staunch opponent of digital assets.
Russia Considers Experimental Crypto Trading for Elite Investors
In another move, Russia is deliberating the launch of an experimental cryptocurrency trading initiative tailored for top-tier investors. The initiative, spearheaded by the Ministry of Finance and the Bank of Russia, would allow select professional investors with a minimum of $250,000 in personal assets to engage in regulated crypto trading. While Russian law permits crypto ownership, its use as a legal tender remains prohibited, and the nation lacks a centralised exchange. As a result, many Russian investors turn to foreign platforms, though sanctioned exchanges like Garantex continue to operate within Moscow’s jurisdiction. This proposed trading framework aims to create a controlled environment for high-net-worth individuals while maintaining regulatory oversight.
Saylor Predicts Trillions in Wealth if the U.S. Embraces Bitcoin
Meanwhile, in the U.S., Strategy’s Executive Chairman Michael Saylor has presented a bold forecast on Bitcoin’s potential economic impact. According to Saylor, if the U.S. establishes a robust Bitcoin reserve, it could generate between $16 and $81 trillion in national wealth by 2045. His proposal suggests that the government should acquire 5-25% of Bitcoin’s total supply before 2035, leveraging supply-demand dynamics to maximise returns. Additionally, he advocates for a comprehensive crypto framework encompassing digital tokens, securities, currencies, and commodities, which could boost the U.S. economy by $60-$100 trillion. Saylor urged former President Donald Trump to prioritise the adoption of Bitcoin, warning that global competitors like Russia and China are already positioning themselves within the industry. Trump echoed this sentiment at a recent crypto summit, vowing to establish America as the world’s leading Bitcoin superpower.
Stay informed,
Rodcas Consulting Group