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Cryptocurrency News Articles
Trump Administration Is Weaponizing Crypto Assets Against Other Nations
Mar 06, 2025 at 06:08 am
CryptoQuant CEO Ki Young Ju explained that the Trump administration is backing crypto assets that ultimately serve the United States' national interests
CryptoQuant CEO Ki Young Ju has explained that the Trump administration is backing crypto assets that ultimately serve the United States’ national interests against others.
This follows President Trump’s directive to the Presidential Working Group to move forward with the Crypto Strategic Reserve. Since his return to the White House, President Trump has remained focused on his crypto vision, which includes clear rules and a strategic reserve. However, some industry experts flag leanings toward certain assets.
“The industry has become a weapon for the United States, favoring only assets that benefit the U.S. and ultimately work against other nations except the U.S.,” Young Ju said in a recent X post.
According to the expert, this will lead to an inflow of foreign capital to the United States crypto market. President Trump also directed the Working Group to include XRP, SOL, and ADA in the reserve, in addition to Bitcoin and Ethereum.
“I believe President Trump deliberately requested the value of the top two assets to the country—Bitcoin and Ethereum—to be included in the Presidential Working Group’s report,” Young Ju added.
According to the post, this move does not favor Bitcoin and Ethereum because they tend to be globally neutral. A major positive for Bitcoin is the general global adoption without central control.
“Now, if something benefits Trump and serves U.S. national interests, it is no longer considered illegal. Despite opening the market without proper regulations against practices like rug pulls, one thing was made clear: ‘Follow the Trump administration’s agenda and contribute to U.S. national interests.’ This principle was firmly established, and the issuance of Trump meme coins symbolized it,” the crypto analyst wrote.
Despite the backlash over asset selections and the desire of United States interests, the majority of crypto enthusiasts are in agreement over the positives of a Strategic Crypto Reserve.
This is expected to highlight the sector’s growing acceptance in major markets and usher in new capital. With prices recovering after a red wave, most holders set sights on the positives.
Since Donald Trump’s inauguration, steps have been taken to direct a clear approach to crypto regulation. The formation of a crypto task force and several states pushing for Strategic Bitcoin Reserve Bills are notable efforts. These are giant steps away from the former administration’s “war” on the market.
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