![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cryptocurrency News Articles
President Trump Promises to Make the U.S. the World's "Bitcoin Superpower"
Mar 20, 2025 at 11:13 pm
At the Digital Asset Summit 2025, President Donald Trump spoke via video, sharing his vision for the U.S. to lead in the world of crypto and financial technologies.
President Donald Trump appeared at the Digital Asset Summit 2025 via video to share his vision for the U.S. to take the lead in the world of crypto and financial technologies.
While it won’t be easy, Trump believes the U.S. is already ahead, having hosted the first-ever White House Digital Summit just two weeks ago. The summit brought together top leaders in the crypto space for discussions led by Crypto Czar David Sachs.
This follows Trump’s recent executive order to create a Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile, which will help the government maximize the value of its crypto holdings, unlike the previous administration’s actions.
The president went on to criticize the past administration’s approach to crypto, particularly its regulatory actions, which he described as a misuse of government power.
With his leadership, the U.S. is shutting down this regulatory “war” and opening a new era of support for crypto, Trump said. He also urged Congress to pass clear, sensible regulations for stablecoins and market structures, which would help boost innovation and investment in the industry.
“We are shutting down the previous administration’s regulatory war on crypto and Bitcoin, which includes stopping the lawless ‘Operation Chokepoint 2.0.’ This operation went far beyond regulation — it was a form of government weaponization, and frankly, it was a disgrace. But as of January 20, 2025, all of that is over,” said Trump.
Live @blockworksDAS 2025:• President Trump expands on his vision for #digitalassets, market structure, and America’s role as Earth’s “Bitcoin Superpower”, no longer “foolishly selling America’s Bitcoin”Since previously addressing the @BlockchainAssn #BAPolicySummit in… pic.twitter.com/MjqI8qSuey
The president also touched on his vision for the U.S.’s role in the future of finance, highlighting his administration’s efforts to build a Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile.
This initiative will see about 200,000 bitcoins that have been seized by federal agencies collected for the reserve, while the U.S. Digital Asset Stockpile will include other types of digital assets, also seized through legal processes.
The Treasury will oversee these assets and decide how to manage or sell them if needed.
The goal of this executive order is to centralize and properly manage the country’s digital assets, ensuring their value is maximized. However, the previous administration’s actions led to a significant loss in value as they sold off the assets.
Earlier this year, Trump spoke at the Blockchain Association’s annual policy summit, where he shared his thoughts on the importance of blockchain technology and its role in revolutionizing various industries.
During his speech, Trump expressed his belief that the U.S. should be a world leader in cryptocurrencies and digital assets. He also criticized the previous administration’s approach to crypto regulation, which he viewed as excessive and stifling to innovation.
“We must not squander this opportunity. The last administration foolishly sold America’s Bitcoin. They paid nothing for it. It was seized from criminals. But they sold it. They didn’t want to manage it. They had no interest in investing in this new asset class. They sold it for a pittance. But we will value and invest in these assets.”
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
-
-
-
-
-
-
- PENGU ETF Promises to Reshape Crypto and Web3 Investing, Bringing Real NFTs to the Public Markets
- Mar 23, 2025 at 12:15 am
- This isn't your typical crypto fund or NFT-themed ETF that plays it safe. No, this is a bold attempt to package real NFTs inside a regulated exchange-traded fund, something that's never been done before.
-
-