Just In: President Trump Declares End to Crypto War
The post Just In: President Trump Declares End to Crypto War appeared first on Coinpedia Fintech News
At the Digital Asset Summit 2025, President Donald Trump spoke via video, sharing his vision for the U.S. to lead in the world of crypto and financial technologies. He expressed that while it wont be easy, the U.S. is already ahead, having hosted the first-ever White House Digital Summit just two weeks ago.
The summit brought together top leaders in the crypto space for discussions led by Crypto Czar David Sachs. Trump also reflected on his recent executive order to create a Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile, which will help the government maximize the value of its crypto holdings, unlike the previous administrations actions.
Trump went on to criticize the past administrations approach to crypto, particularly its regulatory actions, calling them a misuse of government power. He said that with his leadership, the U.S. is ending this regulatory war and promised a more supportive environment for crypto. Trump also called on Congress to pass clear, sensible regulations for stablecoins and market structures, which would help boost innovation and investment in the industry.
We are ending the previous administrations regulatory war on crypto and Bitcoin, which includes stopping the lawless Operation Chokepoint 2.0. This operation went far beyond regulation it was a form of government weaponization, and frankly, it was a disgrace. But as of January 20, 2025, all of that is over, he said.
He concluded by expressing excitement about the energy of the crypto community, believing it embodies the spirit that built America, and reaffirming that the future of finance will be led by the U.S.
The Strategic Bitcoin Reserve will hold about 200,000 bitcoins that have been seized by federal agencies. The U.S. Digital Asset Stockpile will include other types of digital assets, also seized through legal processes. The Treasury will oversee these assets and decide how to manage or sell them if needed. The goal of this executive order is to centralize and properly manage the countrys digital assets, ensuring their value is maximized.
Read more: https://coinpedia.org/news/digital-asset-summit-2025-president-trump-declares-end-to-crypto-war/
Text source: Coinpedia – Fintech & Cryptocurreny News Media| Cr
