Trump leaves door open for Bitcoin in Trump Accounts

Trump leaves door open for Bitcoin in Trump Accounts

Trump Accounts are government-backed investment accounts for children created to help families build long-term wealth.

President Donald Trump on Monday said he would not rule out the possibility of adding Bitcoin to the administration’s new Trump Accounts, telling reporters that “something could happen” when asked whether the government-backed savings programme could invest in the crypto asset, according to Reuters.

Trump Accounts are a federally backed savings and investment programme designed to give children an early stake in the US economy.

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The US Treasury has rolled out the nationwide launch of the Trump Accounts app, introducing full account functionality for families participating in the investment programme. Parents can now fund their accounts, monitor balances, review investment performance and manage contributions through the platform.

The app also includes 15 interactive financial education lessons covering key investment concepts, while adding features such as recurring deposits, linked bank accounts and personalised financial guidance. Treasury said the initiative is designed to expand stock ownership among young Americans and promote long-term financial security.

Officials said Trump Accounts are free to open, with contributions permitted from employers, charitable organisations and government programmes in addition to parents.

More than 50 companies have pledged to offer employer contributions, and enrolled families will be able to begin tracking investments from July 6.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.

Trump leaves door open for Bitcoin in Trump Accounts

Trump leaves door open for Bitcoin in Trump Accounts

Trump Accounts are government-backed investment accounts for children created to help families build long-term wealth.

President Donald Trump on Monday said he would not rule out the possibility of adding Bitcoin to the administration’s new Trump Accounts, telling reporters that “something could happen” when asked whether the government-backed savings programme could invest in the crypto asset, according to Reuters.

Trump Accounts are a federally backed savings and investment programme designed to give children an early stake in the US economy.

Advertisement

The US Treasury has rolled out the nationwide launch of the Trump Accounts app, introducing full account functionality for families participating in the investment programme. Parents can now fund their accounts, monitor balances, review investment performance and manage contributions through the platform.

The app also includes 15 interactive financial education lessons covering key investment concepts, while adding features such as recurring deposits, linked bank accounts and personalised financial guidance. Treasury said the initiative is designed to expand stock ownership among young Americans and promote long-term financial security.

Officials said Trump Accounts are free to open, with contributions permitted from employers, charitable organisations and government programmes in addition to parents.

More than 50 companies have pledged to offer employer contributions, and enrolled families will be able to begin tracking investments from July 6.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.