In a recent address at Miami’s Future Investment Initiative (FII) Priority Summit, President Donald Trump announced the conclusion of what he termed the previous administration’s “war on bitcoin and crypto.” He emphasized his administration’s commitment to establishing the United States as a global leader in digital currency innovation. Trump stated, “I’ve signed executive orders to keep the United States at the forefront of artificial intelligence and to end Joe Biden’s war on Bitcoin and crypto. We ended that war totally. That war’s over.”
This policy shift has been further evidenced by recent actions from federal agencies. The Securities and Exchange Commission (SEC) has agreed in principle to dismiss its lawsuit against Coinbase, a case that had significant implications for the cryptocurrency market. This decision reflects a more crypto-friendly regulatory environment under the current administration.
Additionally, President Trump has signed an executive order titled “Strengthening American Leadership in Digital Financial Technology.” This order aims to regulate and boost the cryptocurrency sector by supporting public blockchain networks, software development, mining, and stablecoins, while prohibiting the creation of a Central Bank Digital Currency (CBDC) in the U.S.
These initiatives underscore the administration’s dedication to fostering a favorable environment for cryptocurrency and blockchain technologies, positioning the U.S. as a dominant force in the global digital asset landscape.
