An exceptionally strong and influential group of pro-Bitcoin advocates in the US government
The United States Leads as El Salvador, Bhutan, Brazil, Russia, Belarus, South Korea, Japan, Hong Kong, and Venezuela follow.
Under President Trump's second term, the administration has transformed into the most Bitcoin-friendly in history, with direct executive actions like establishing the Strategic Bitcoin Reserve (holding forfeited BTC as a sovereign asset) and appointing key figures such as David Sacks (White House AI and Crypto Czar), Paul Atkins (SEC Chair), Scott Bessent (Treasury Secretary), and others who prioritize innovation, regulatory clarity, and Bitcoin's role in national competitiveness.
In Congress, Senator Cynthia Lummis (R-WY) stands out as the relentless champion, repeatedly pushing the BITCOIN Act and defending the reserve against any liquidation, backed by a solid Republican lineup including Sen. Tim Scott (Banking Committee Chair), Sen. Bill Hagerty, Sen. Bernie Moreno, and House members like Rep. Byron Donalds and Rep. Warren Davidson who introduce supportive bills.
This coalition, spanning the White House, key agencies, and bipartisan-leaning negotiators, has already driven major wins (e.g., eased oversight, stablecoin frameworks via GENIUS Act) and positions Bitcoin as a strategic national asset amid global competition. With heavy industry support and momentum toward market structure legislation, this network wields unprecedented power to accelerate adoption and solidify Bitcoin's path forward.
Executive Branch / Administration
- President Donald Trump: Declared the US the "crypto capital of the world," established the Strategic Bitcoin Reserve via executive order, hosts crypto summits, and has family ties to crypto ventures. His administration prioritizes digital assets for competitiveness and debt solutions.
- David Sacks (White House AI and Crypto Czar): Leads policy guidance, chairs the President's Working Group on Digital Asset Markets, and pushes for regulatory clarity and innovation.
- Paul Atkins (Confirmed SEC Chair): Long-time advocate for free-market principles and lighter regulation in crypto.
- Brian Quintenz (Nominated CFTC Chair): Expected to support pro-crypto oversight.
- Scott Bessent (Treasury Secretary): Emphasizes Bitcoin as a store of value and works on budget-neutral ways to grow the reserve.
- Bo Hines (Executive Director, Presidential Council of Advisers for Digital Assets / Crypto Council): Coordinates with Congress on unified frameworks.
Key Senators (Strong Bitcoin Advocates)
- Senator Cynthia Lummis (R-WY): The leading congressional voice on Bitcoin; introduced the BITCOIN Act (S.954, 2025) for a Strategic Bitcoin Reserve (co-sponsored by others, referred to committee); repeatedly pushes to preserve seized BTC for the reserve, opposes liquidation, and supports growth to counter adversaries. She's reviewing market structure bills and co-sponsors bipartisan developer protections.
- Senator Tim Scott (R-SC): Senate Banking Committee Chair; leads negotiations on the CLARITY Act (market structure bill) for regulatory clarity, despite recent delays from industry pushback.
- Senator Bill Hagerty (R-TN): Involved in GOP negotiations on crypto bills.
- Senator Bernie Moreno (R-OH): Part of Senate Banking GOP team pushing pro-crypto legislation.
- Senator Kirsten Gillibrand (D-NY): Bipartisan supporter; co-sponsored earlier innovation acts and engages with industry on market structure.
Key House Representatives
- Rep. Warren Davidson (R-OH): Introduced the Bitcoin for America Act (H.R.6180) to allow federal taxes in Bitcoin and deposit into the Strategic Bitcoin Reserve.
- Rep. Byron Donalds (R-FL): Urges favorable IRS crypto rules; personally/family holds Bitcoin (disclosed purchases); introduced bills to codify the Strategic Bitcoin Reserve.
- Rep. Brandon Gill (R-TX): Staunch Trump ally; has accumulated significant personal Bitcoin holdings (up to millions reported) and supports pro-crypto policies.
- Rep. Tom Emmer (R-MN): Strongly supportive (rated A by advocacy groups); vocal on innovation-friendly regulation.
- Rep. Nicholas Begich (R-AK): Sponsored House versions of Bitcoin reserve bills.
This is an exceptionally strong and influential group of pro-Bitcoin advocates in the US government as of January 2026.
Being bullish on Bitcoin in mid-January 2026 becomes almost irresistible when you consider the powerhouse coalition driving it in the US government, President Donald Trump has made the nation the "crypto capital of the world" by establishing the Strategic Bitcoin Reserve (holding ~328,000+ BTC from forfeitures as a sovereign asset), appointing pro-innovation leaders like David Sacks (White House Crypto Czar), Paul Atkins (SEC Chair), and Scott Bessent (Treasury Secretary), and backing regulatory clarity through bills like the CLARITY Act.
In Congress, Senator Cynthia Lummis (R-WY) leads the charge with the BITCOIN Act and relentless defense of the reserve, supported by Sen. Tim Scott (Banking Chair), Sen. Bill Hagerty, and House reps like Byron Donalds and Warren Davidson who push tax-friendly and reserve-expanding legislation. This unified, high-level support, spanning the executive branch, key agencies, and legislative heavyweights, creates unprecedented tailwinds for adoption, reduced regulatory risk, and institutional inflows, positioning Bitcoin as a strategic national asset amid fiat challenges.
Global Momentum
And the US isn't going it alone, global momentum is building a network effect that amplifies the bullish case. El Salvador continues its pioneering role, holding 7,500 BTC (valued at hundreds of millions) with ongoing daily purchases and a 2026 focus on Bitcoin + AI integration, even as it shifts to voluntary acceptance.
Other nations are following: Bhutan maintains state-linked mining and holdings (11,000 BTC), while countries like Brazil, Russia (drafting rules to legalize retail/institutional buying in 2026), Belarus (new crypto banks via Lukashenko's decree), and South Korea (tokenized securities law) advance pro-crypto frameworks.
Proposals in places like Japan, Hong Kong, and even speculative discussions around Venezuela's potential stash underscore Bitcoin's growing status as a sovereign hedge. With the US leading the charge, this international cascade, governments holding, regulating favorably, and competing, creates massive demand against Bitcoin's fixed supply, signaling a structural bull run toward reserve-currency dominance.
Top Countries by Government Bitcoin Holdings (Approximate, January 2026)
- United States ~198,000 to 328,372 BTC (largest holder; now in the Strategic Bitcoin Reserve established by executive order, no active buying yet, but proposals exist for future accumulation)
- China ~194,000 BTC
- United Kingdom ~61,245 BTC
- Ukraine ~46,351 BTC
- Bhutan ~13,029 BTC
- El Salvador ~7,532 BTC
- United Arab Emirates ~6,420 BTC
- Finland ~890 BTC
- India ~450 BTC
- Venezuela (speculative large unverified stash)
The game theory is clear: nations that embrace it early may win big.