US will be ‘undisputed Bitcoin superpower,’ world ‘crypto capital,’ according to Trump

President Donald Trump pledged to make America “the undisputed” Bitcoin power and the world’s coding capital “in statements to the BlockWorks Summit on Thursday.

A video title recorded in advance by Trump was played at the summit in New York City. The president said that his team ends the “organizational war on the president to encrypt and bitcoin” conducted by President Joe Biden, “and he said that he called on ” to pass prominent legislation that creates simple and proper category of nails and the market structure. ”

“Through the correct legal framework, large and small institutions will be liberated for investment, innovation and participation in one of the most exciting technological revolutions in modern history. It is very big. I think, I think, as much as possible,” Trump said.

The attendees told the attendees that “the pioneers like you will be able to improve our banking system and push and enhance more privacy, safety, security and wealth of US consumers and companies alike.” “You will unleash the explosion of economic growth, and with the dollar -backed Stablecooins, it will help expand the dominance of the US dollar,” Trump said. “And several years to come, you will be at the top. This is where we want to keep. We just want to keep it at the top.”

Trump creates the strategic bitcoin reserves, other encrypted currencies to use in the stock

President Donald Trump is smiling at the White House digital assets summit in the government dining room in Washington, DC, on March 7. (Chris Klionis/CNP/Bloomberg via Getty Images/Getty Images)

“I can really see the energy and passion of the encryption community is the type of spirit that built our country, and it is exciting to see as you invent the future of financing,” Trump said. “Here, you will be here in the United States of America, and the good United States of America. We will make together America the power of indisputable bitcoin and the code of encryption in the world.”

“Thank you, and we wish you success. God bless America.”

Trump began his title by saying that he was the honor to talk about him “How will the United States control encryption and the next generation of financial technologies. ”

From the left: Trade Minister Howard Lootnick, Treasury Secretary Scott Beesen, President Donald Trump, artificial intelligence in the White House, and Caesar David’s encryption, appear during the White House digital assets in the country’s dining room (Chris Klionis/CNP/Bloomberg via Getty Images/Getty Images)

“It will not be easy, but we are progressing,” the president said.

Two weeks ago, Trump remembers, his administration hosted the first summit of the White House digital assets. This event combined artificial intelligence at the White House and Crypto Czar David Sacks, which Trump described as a “great and wonderful man”, and many major encryption leaders in the world to discuss the future of industry.

In the same week, Trump said he signed an order “to create a completely new Bitcoin Strategic Reserve and US digital asset stock, which will allow the federal government to increase the value of its property instead of selling it foolishly against a small part of its long -term value, which Biden did exactly.”

“I got a small part of its value,” Trump said.

The documents displaying a Biden official called on banks to “stop” all the encryption activity, which confirms the doubts of “Debanking”

Bitcoin’s bitcoin reserves are compared to a “digital fortress for Cryptocurrency, often called” digital gold “.

The president said that his administration included stopping the “Khanj 2.0”.

“I have exceeded the organization of the organization, and I mean further.” It was a form of format through government weapons. Frankly, it was a shame, “Trump said.

Treasury Secretary Scott Bessin and President Donald Trump looks at the White House digital assets summit in the government dining room in Washington, DC, on March 7. (Anna Moneymaker / Getty Images / Getty Images)

“But from January 20, 2025, all this has ended,” Trump said.

The president was referring to how Paul Ghroul, the Coinbase’s chief legal official, was considered one of the largest cryptocurrency exchange platforms, in December, he and his team participated in the wake of the requests for the Freedom of Information .

They have parallel a lengthy legal battle between the company, the Securities and Stock Exchange Committee and the Federal Deposit Insurance Corporation (FDIC).

Get Fox Business on the Go by clicking here

the Open documents It is claimed that the doubts confirmed that the founders of encrypted technology were “not” stroke “under a colloquial program as” CokkePoint 2.0 “. They have shown that the Biden Administration FDIC sent many messages to banks, and invited them to “stop all the activity related to encrypted actions.”

Alex Schemel from Fox News Digital contributed to this report.