USA: Bitcoin Superpower Boost, Trump at Crypto Event

USA: Bitcoin Superpower Boost, Trump at Crypto Event

cryptoslate.com
March 20, 2025 by Jhon E. Bermúdez
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President Donald Trump made waves at Blockworks’ Digital Assets Summit 2025, delivering what appeared to be prerecorded remarks. This marked a significant moment – the first time a sitting U.S. president directly addressed a crypto-focused event. In his video message, Trump zeroed in on a major shift in federal policy: actively promoting and strategically managing
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President Donald Trump made waves at Blockworks’ Digital Assets Summit 2025, delivering what appeared to be prerecorded remarks. This marked a significant moment – the first time a sitting U.S. president directly addressed a crypto-focused event.

In his video message, Trump zeroed in on a major shift in federal policy: actively promoting and strategically managing digital assets. This pivot, he suggested, could have big implications for clearer regulations and stronger confidence in the crypto market down the line.

Trump highlighted the recent “White House Digital Assets Summit,” led by David Sachs, the newly appointed White House AI and crypto czar. This summit brought together key industry players to get everyone on the same page regarding the U.S.’s digital asset strategy.

This strategic shift from the administration became even clearer with Trump’s executive order, which established the Strategic Bitcoin Reserve and the U.S. Digital Asset Stockpile. Trump specifically pointed out that these actions are a stark contrast to President Biden’s approach, criticizing what he called the premature selling off of government digital assets at low prices.

Referencing the end of “Operation Choke Point 2.0,” Trump framed his administration’s position as going beyond just easing regulations. He claimed they were explicitly ending what he described as regulatory “lawfare.” This pointed remark hinted at wider market effects, potentially easing the hesitation among big institutions that had previously held back crypto adoption due to perceived regulatory hostility.

Trump also called on Congress to take action and create clear, “common sense” regulations. He really stressed the need for stablecoin legislation and a well-defined market structure.

By presenting regulatory clarity as a key driver, Trump seemed to acknowledge what the market has been asking for all along: predictability. This has always been a crucial factor, especially when it comes to getting big institutions involved and keeping the U.S. competitive globally.

 ”You will unleash an explosion of economic growth and with the dollar back stablecoins You’ll help expand the dominance of the US dollar and many many years to come.”

The strong emphasis on stablecoins backed by the dollar suggests a strategic play to boost the U.S. dollar’s global power through the latest digital finance innovations.

When Trump mentioned expanding U.S. economic influence through digital assets, it subtly brought to mind historical parallels. It hinted that crypto could potentially become the next big thing in financial dominance, similar to how strategies like Bretton Woods worked in the past.

Calling summit attendees “pioneers,” Trump connected the sector’s potential economic impact to a distinctly American spirit of entrepreneurship. He basically linked crypto innovation to national pride in technological and financial leadership.

This way of framing things is aimed at resonating with both crypto enthusiasts and policymakers. It’s about building broader support for federal crypto initiatives and possibly shifting how both parties view crypto.

Trump wrapped up his speech with a bold vision: transforming the U.S. into the undisputed “Bitcoin superpower” and the world’s crypto capital.

“Together, we will make America the undisputed Bitcoin superpower and the crypto capital of the world.”

His declaration highlights a developing federal policy that’s moving beyond just accepting crypto to actively using it for long-term economic advantage.

In the end, Trump’s unprecedented appearance at Blockworks really underscores a turning point for crypto in the U.S. It suggests a future where the government’s role is shifting from simply watching to actively participating, significantly shaping crypto’s future and deepening its place in the overall financial system.

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Source: cryptoslate.com