Trump: US to Lead in Crypto as 'War on Crypto' Ends with Bitcoin Purchases
President Trump has unveiled a comprehensive vision for the United States to lead in cryptocurrency and emerging technologies. He declared an end to what he called the 'war on crypto' and outlined plans for federal involvement in digital assets.
The president emphasized that America must maintain its competitive edge over China in the rapidly evolving digital finance sector. Trump stated that his administration has ended regulatory hostility toward cryptocurrency, noting that the sector 'has been booming' since policy changes were implemented.
He revealed plans for the federal government to purchase 'a sizable amount of Bitcoin and other cryptocurrencies,' marking a significant shift in government policy toward digital assets. Trump also signed the GENIUS Act, legislation designed to enable the creation and operation of dollar-backed stablecoins within the United States regulatory framework.