Trump’s New Security Plan Leaves Out Crypto, Raising Questions Across Markets

The Trump administration released its latest national security strategy on Friday, and the document made no mention of crypto or blockchain technology. The absence stood out, given the growing link between digital assets and global finance, as well as President Donald Trump’s recent comments about competition from foreign powers.

The strategy focused mainly on artificial intelligence and quantum computing and called them the areas that will shape future global standards. In the document, the administration said it wants US technology and US standards in AI, biotech and quantum computing to guide worldwide development. 

This focus drew attention because it contrasted sharply with Trump’s past statements about digital assets. Just last month, he told CBS’ 60 Minutes that he did not want China to lead the world in crypto. He has also repeated that he wants Bitcoin mining activity to grow within the US.

A Gap Between Statements and Policy

CIA Deputy Director Michael Ellis signaled similar concerns in May, calling crypto an area of technological rivalry that requires the US to keep pace with China and other rivals. Even so, the new security strategy did not single out digital assets as a priority.

One line in the document hinted at related themes. It said the administration aims to protect and expand the country’s financial sector by leaning on US leadership in digital finance and innovation. Some observers noted that this may indirectly relate to crypto, though it stopped short of naming it.

Policy moves this year paint a different picture. The administration backed the GENIUS Act, which set rules for stablecoins. Trump also signed orders that formed a crypto task force and blocked the creation of a central bank digital currency. 

On top of that, recent shifts in federal agencies have pulled back many enforcement actions in the sector. The government has also created a Bitcoin reserve and a growing stockpile of forfeited digital assets, and officials are reviewing ways to increase holdings without raising costs.

Crypto Market Reaction and Rate Expectations

Bitcoin slipped below $90,000 over the weekend as traders absorbed the strategy document. The report called on US allies to increase defense spending to 5% of GDP, up from the usual 2%. That level of spending could push governments to borrow more and reduce the room for central banks to cut rates.

For crypto markets, the Federal Reserve meeting this week remains the main driver. Many investors hope for a cut, which has often pushed money toward riskier assets. CME’s FedWatch data shows about 88.5% expecting a 25 basis point cut when the Fed meets on Tuesday and Wednesday.