In a recent address at the State of Crypto Summit, US President Donald Trump reiterated his stance on cryptocurrencies. He stated that he embraces the label “Crypto President” and outlined efforts to dismantle the previous administration’s policy against crypto assets. The president emphasized his commitment to ending the ‘war on crypto,’ by creating a working group to evaluate digital assets and establishing new regulations in Congress. Trump further discussed plans for stablecoins, the GENIUS Act, and market frameworks that aim to position America as a leader in the future of cryptocurrency and Bitcoin. The statements garnered applause from attendees during the event.
Following Trump’s address, Coinbase CEO Brian Armstrong and Circle CEO Jeremy Allaire took the stage to highlight the potential of cryptocurrencies for shaping global financial systems. Both executives underscored the importance of blockchain technology in the modern world.
*This is not investment advice.*