🏛️ Donald Trump declared that cryptocurrencies ease pressure on the dollar and “bring a lot of benefit.” According to him, the United States is turning into the Bitcoin superpower and the crypto capital of the world, as well as a leader in the field of artificial intelligence. He emphasized that if America does not take the crypto industry seriously — China will.
The President also announced the signing of historic executive orders which, in his words, ended the “government’s war on crypto.” At the America Business Forum in Miami, he said that his orders ended the “war on cryptocurrencies,” noted that crypto supports the dollar, and warned that China could benefit if Washington falters. “We are here… to support a vital industry here in Miami,” he said.
Here’s what you need to know:
- Trump stated he wants the U.S. to become the “Bitcoin superpower” and the “crypto capital of the world.”
- He stated that his executive orders ended the federal “war on cryptocurrency,” while offering no new timelines or agency directives.
- He claimed that cryptocurrency supports the dollar and warned that rivals, including China, may benefit if the U.S. mismanages the sector.
Trump positioned his administration as a turning point in Washington’s attitude toward crypto: “I also signed historic executive orders to end the federal government’s war on crypto. Crypto was under siege. It is not under siege anymore.
He said the sector is significant and supported by business leaders: “Because it’s a big industry. It’s a big industry… and I have a lot of great people, great business people. They’re in other businesses, but they’re in crypto too.”
He linked digital assets to the U.S. currency: “And it takes a lot of the pressure off the dollar. It does a lot of good things, but we’re into it.”
Trump contrasted his stance with the previous administration: “Biden was vicious on crypto. They were going after these crypto guys. It was terrible. They were under indictment.”
He formulated the goal as national leadership: “We’re making the United States the Bitcoin superpower, the crypto capital of the world,” and tied his tech message to AI by calling the U.S. “the undisputed leader in artificial intelligence.”
Looking abroad, he warned of competitive pressure: “And don’t forget, if we don’t do crypto properly, China… China wants to do it. They’re starting it, but they want to do it. Other countries want to do it. If we don’t do it properly — it’s a big industry.”
In his remarks in Miami, he emphasized positioning rather than new specifics; he did not announce new timelines or agency directives.
Context and actions
This year, the White House took steps consistent with this stance, including the creation of a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile using coins seized by federal law-enforcement; however, government purchases of Bitcoin remain absent.
The stablecoin framework promoted under the GENIUS Act, signed July 18, is still developing. Trump’s team also rejected a U.S. central bank digital currency, positioning crypto policy as compatible with dollar dominance.
🎩 Trump’s influence on the crypto market
It is worth noting that Trump’s policy earlier gave cryptocurrencies a new impulse.
The U.S. president: began openly addressing the crypto community; launched his own meme-coin; announced the creation of a U.S. strategic Bitcoin reserve; enabled cryptocurrencies to be included in retirement plans, after which Bitcoin reached an all-time high.
You can watch the video clip of the speech on our Telegram channel.
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