3 months ago
President Donald Trump reaffirmed his committedness to supporting cryptocurrency and making America the “Bitcoin superpower” astatine the archetypal White House crypto acme connected March 7.
Trump reaffirmed his pledge to reverse restrictive policies and presumption the US arsenic a planetary person successful integer assets. He stated that his enforcement bid establishing a Bitcoin reserve and a integer assets stockpile fulfills the promises helium made past year.
He besides lamented the information that the authorities had sold sizeable amounts of the Bitcoin it erstwhile held and said his medication would guarantee the national authorities tin ne'er merchantability BTC again.
He stated:
“Everybody knows, ne'er merchantability your Bitcoin.”
Trump further stated that the Treasury is moving connected processing methods to accumulate much Bitcoin without impacting taxpayers.’
Trump besides compared the crypto contention to artificial intelligence, emphasizing the request for American leadership.
“It’s important we enactment successful beforehand of this one. We should beryllium successful the lead, conscionable similar we are successful AI.”
Ending the warfare connected crypto
Trump criticized the Biden medication for waging what helium called a “war connected crypto” and announced the ceremonial extremity of Operation Chokepoint 2.0, a argumentation seen arsenic restricting fiscal services for crypto firms.
He blasted regulators and Biden, stating that “people truly suffered” nether their restrictive and harmful policies and criticized them for lone easing their stance erstwhile predetermination play approached.
He said:
“In the end, they came astir — but lone for votes.”
Meanwhile, US Treasury caput Scott Bessent, who is present successful complaint of managing the Bitcoin reserve, besides criticized Biden’s attack to the industry. He said:
“Biden did thing but punish tech innovators successful the US.”
Bessent added that the Trump medication is moving with the IRS to rescind erstwhile guidance that has stifled the manufacture and moving with lawmakers to make a broad regulatory model for crypto and stablecoins.
He besides stated that the US intends to usage stablecoins to guarantee the US dollar maintains its dominance arsenic the world’s reserve currency.
The station Trump declares extremity to ‘war connected crypto,’ vows to propel America to Bitcoin supremacy appeared archetypal connected CryptoSlate.
English (US) 