US President Donald Trump, who has reversed his anti-cryptocurrency stance during his previous presidency and has come to the fore with his support for Bitcoin and cryptocurrencies, made important statements.
Speaking at the FII PRIORITY Summit in Miami Beach, Trump said he was determined to make “America the crypto capital.”
The War Against Bitcoin Is Over!
Trump stated that the hostility towards Bitcoin and other digital assets adopted by the Biden administration has ended and said that he will work to make the US a leader in the field of artificial intelligence and crypto.
Stating that he signed executive orders for this, Trump said,
“I have signed executive orders to keep the US at the forefront of AI and to completely end the Biden administration’s war on Bitcoin and crypto.
This war is over now.
Bitcoin broke multiple records because everyone knew I was determined to make America the crypto capital.”
I’m Doing the Right Thing!
Trump also criticized the US Securities and Exchange Commission’s (SEC) regulatory approach to cryptocurrencies, stating that many investigations were carried out with political motives.
Stating that the SEC’s harsh stance against the cryptocurrency industry had begun to change before the elections, Trump claimed that he had an influence on this.
Stating that he did not act for political purposes, Trump continued his words as follows:
“I don’t do anything for political reasons, I do what is right.
I want the US to be a leader in every field, and crypto is one of them.
Bitcoin hits all-time high because everyone knows I’m determined to make the US a crypto capital.”
*This is not investment advice.
Continue Reading: US President Donald Trump Talks About Bitcoin (BTC ($96,986.77)) and Cryptocurrencies! “I’m Determined!”
