Donald Trump on Monday hinted that 'something could happen' with Bitcoin in new government-backed 'Trump Accounts' launched at the White House, as crypto billionaire Mike Novogratz pledged to double the scheme's initial $1,000 funding for eligible children of Galaxy Digital staff.
Trump Accounts programme will see the federal government seed up to 500,000 investment accounts with $1,000 each for children born between 2025 and 2028, if their families meet eligibility criteria. The money is intended as a starter stake in the stock market, with parents, relatives and employers free to add further contributions over time, turning what is essentially a baby bond into a long-term savings vehicle.
