- Trump pledged to build a simple, clear regulatory framework to ensure U.S. dominance in crypto and Bitcoin.
- He revealed a new “U.S. Strategic Bitcoin Reserve” and celebrated ending restrictions like Operation Chokepoint 2.0.
- Trump is working with Congress to pass the GENIUS Act to support a stablecoin system based on the U.S. dollar.
U.S. President Donald Trump has pledged to solidify America’s leadership in digital assets and Bitcoin by establishing a clear, streamlined regulatory framework. Speaking at Coinbase’s “State of Crypto Summit,” Trump said the U.S. must dominate the future of virtual assets and praised the innovation shaping tech and finance.
He proudly called himself “the first crypto president” and emphasized rolling back the Biden administration’s restrictions on digital assets. Trump cited the creation of the first presidential working group on digital assets and the appointment of pro-innovation SEC Chair Paul Atkins as evidence of his commitment. He also claimed credit for ending Operation Chokepoint 2.0, a policy viewed as limiting crypto firms’ access to banking services.
The president revealed that the U.S. is preparing to hold Bitcoin under a new “Strategic Bitcoin Reserve” via a national digital asset stockpile.
He also threw his support behind the GENIUS Act, a bill aimed at building a dollar-backed stablecoin ecosystem in collaboration with Congress.
