US Secretary of Commerce Lutnick Bullish on Bitcoin Future

U.S. Secretary of Commerce Howard Lutnick voiced strong support for Bitcoin’s future in the American economy this week. In a recent White House interview, Lutnick shared a vision for regulatory clarity and energy independence for Bitcoin miners. He also pushed for Bitcoin’s official recognition in national economic reports.

He highlighted new initiatives like the Commerce Department’s investment accelerator aimed at boosting digital asset growth. Lutnick also confirmed that Bitcoin would be classified as a commodity, not a currency, under President Trump’s administration.

Lutnick said he may direct the Bureau of Economic Affairs to include Bitcoin in national economic accounts. He noted the BEA already factors gold into GDP and trade statistics. Therefore, he believes Bitcoin should receive similar treatment as a strategic asset.

The Department of Commerce launched a new investment accelerator on March 31 as a key part of its strategy. The program helps companies navigate permits and regulations, with Bitcoin mining firms as a primary focus. Moreover, Lutnick said miners could build power plants near gas fields to cut energy costs and reduce grid dependence. He added that energy control would boost the strength and resilience of the domestic Bitcoin mining industry.

Lutnick’s Positive Outlook for U.S. Crypto Casino Industry

The Secretary of Commerce’s support is expected to positively influence the U.S. crypto casino market. His push for clear regulation could unlock new investment opportunities and promote trust in the sector.

“Regulations will provide structure, stability, and legitimacy,” Lutnick stated. “This will allow crypto casinos to innovate with confidence.”

As regulatory uncertainty has long hindered the growth of Bitcoin casinos, his stance may signal a turning point. Analysts predict a rise in platform development, job creation, and tax contributions if clear policies are implemented.

Moreover, consumer confidence may increase as licensed crypto casinos gain credibility through government recognition. “Players want to know their funds are secure,” the Secretary of Commerce added. “That’s where regulation helps.”

As Lutnick continues to advocate for digital asset integration, the future of Bitcoin and crypto casinos in the U.S. looks increasingly promising.