Trump speaks at White House Digital Assets Summit: We will make the US a Bitcoin superpower
US President Donald Trump made significant announcements at the Digital Assets Summit held at the White House. The summit brought together leading figures from the artificial intelligence and cryptocurrency sectors along with government officials.
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"WE WILL MAKE THE US A BITCOIN SUPERPOWER"
In his opening remarks, President Trump emphasized the US goal of becoming a leader in the field of digital assets, stating, "Last year, I promised to make America the world's Bitcoin superpower and crypto capital. Today, we are taking a historic step to fulfill that promise." Trump announced that he had signed an executive order to establish a strategic Bitcoin reserve, declaring that a "virtual Fort Knox" for digital gold would be created within the US Department of the Treasury. He stated that this decision was made to strengthen the country's financial security.
GOVERNMENT HALTS SALES
Noting that the federal government had previously mismanaged its Bitcoin holdings, resulting in significant financial losses, Trump said, "The US government previously sold tens of thousands of Bitcoins and lost billions of dollars. But from today on, America will follow the fundamental rule well known to the Bitcoin community: Never sell your Bitcoin."
Trump stated that the Departments of the Treasury and Commerce have been instructed to develop ways to accumulate more Bitcoin for the strategic reserve without placing an additional burden on taxpayers, and announced that an inventory of all crypto assets held by the government would be conducted.
"ANTI-CRYPTO POLICIES WILL END"
President Trump criticized the strict regulatory policies pursued toward crypto assets during the Biden administration, saying that the obstacles hindering the crypto sector would be removed. "My administration will end the federal bureaucracy's war on crypto. The pressure on banks will be lifted, and crypto entrepreneurs will be supported," he said.
Furthermore, Trump stated that he supports legislative bills in Congress that would provide regulatory clarity for digital assets and stablecoins, emphasizing that these laws should be approved before the August recess.
Prominent business figures who spoke at the summit welcomed President Trump's approach to digital assets. Entrepreneur and investor David Sacks said, "President Trump supports innovation and high-tech entrepreneurs. We appreciate his fight to ensure justice for the crypto sector."
Other industry leaders also stated that the US should be a pioneer in financial technologies and expressed their confidence in the Trump administration's policies supporting blockchain and Bitcoin technologies.
DIGITAL FINANCE
The Digital Assets Summit at the White House demonstrated the US's determination to strengthen its global financial leadership through innovative technologies such as blockchain, Bitcoin, and artificial intelligence. Trump stated that they would continue to support technological developments to maintain US leadership in this field.
Experts attending the summit expressed that with this step, the US could establish a strong legal framework in the field of digital assets and become more attractive to global investors.