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Trump Wants U.S. as ‘the Bitcoin Superpower,’ Says Crypto Must Be Done Properly

CoinDesk
Donald Trump stated his ambition to make the U.S. the global Bitcoin superpower, provided the industry is managed correctly.

Summary

Speaking at the America Business Forum in Miami, former President Donald J. Trump urged the United States to embrace cryptocurrency, declaring his goal is to make the U.S. "the Bitcoin superpower, the crypto capital of the world." He claimed his administration ended the federal government's "war on crypto," contrasting his supportive stance with the Biden administration's alleged hostility. Trump argued that digital assets are a large industry supported by major business leaders and that they relieve pressure on the U.S. dollar. He warned that if the U.S. fails to adopt crypto properly, competitors like China will take the lead. While emphasizing national positioning, Trump offered no new policy specifics, though the article notes recent White House actions like creating a Strategic Bitcoin Reserve and advancing stablecoin legislation, while rejecting a U.S. central bank digital currency.

(Source:CoinDesk)