US President Donald Trump once again expressed his deep interest in the sector, saying that he would make America as a crypto currency capital. Speaking at the Future Investment Initial Institute Conference in Miami, Trump said, “As everyone knows, I am determined to make America the capital of crypto beings. We want to be ahead of everything, and crypto beings are one of these areas. ” he said. He also stated that he ended the crypto asset war with the Biden administration ”.
These comments came after Bitcoin was traded just below $ 96,700 on Wednesday, February 19 and reached the highest level of all time of over $ 108,000 earlier this year.
Trump positions the US as a global crypto leader
Trump has shown himself as one of the digital assets in the presidential campaign and since its election. Before being elected last year, he promised to make the United States as a k Corpto capital of the planet ”. Since his assignment, he has taken steps to support the sector, for example, formerly the former regulator Paul Atkins, which he celebrated as a crypto -friendly president of the crypto industry, to preside the US Securities and Stock Exchange Commission (SEC). In addition, efforts to create a national Bitcoin reserve are still in progress. While the executive orders aimed at making America as the crypto capital of the world are signed, the possibility of a Bitcoin stock continues to remain high.
Trump criticized the regulatory stance of SEC during the period of former president Gary Gensler. He claimed that many indictments about crypto currencies were political and claimed that their influence led to their rejection before the elections. During the term of office of Gensler, the institution, which has carried out many sanctions against crypto companies, has long been seen as an enemy against the sector for a long time. Trump claimed that he had “finished this war completely” on Wednesday. In the midst of various cases against the sector, the past administration emphasized the hostility of the sector to the sector.
The pro -Bitcoin president argued that SEC was for political purposes in transactions by suing SEC’s crypto currencies without a fair way. Trump announced that SEC had reduced some of these indictments before the election, but the administration has already lost the support of the sector. However, Trump said that he supports it because he wanted to be at the forefront of each sector, not for political reasons with crypto currency.