During a crypto summit at the White House, former President Donald Trump pledged to make the US the global "Bitcoin superpower" and stated that the government will never sell their Bitcoin holdings. Trump criticized the Biden administration's restrictive crypto policies and called for lawmakers to submit regulation proposals. He signed an executive order to establish a BTC reserve and separate cryptocurrency stockpile. The president emphasized the importance of the US taking a lead in the crypto industry and likened it to the race in AI. However, he did not address removing taxes on crypto assets at the summit. Trump's advisor, David Sacks, supported the decision not to sell Bitcoin and stated that the government is focused on establishing fair regulations and protecting investors. Trump's personal crypto projects were deemed irrelevant to the government's work in the crypto space.
Content Editor ( cryptopolitan.com )
- 2025-03-08
Trump vows to make U.S. the ‘Bitcoin superpower’
