{ “title”: “Trump Declares US Will ‘Dominate Crypto’ at Digital Asset Summit”, “description”: “President Donald Trump outlined plans to make the U.S. a leader in cryptocurrency and financial technology during remarks at the Blockworks Digital Asset Summit.”, “tags”: “Donald Trump, Cryptocurrency, Digital Assets, Bitcoin, FinTech, U.S. Politics”, “rewritten_content”: “Former President Donald Trump told attendees of the Blockworks Digital Asset Summit on Thursday, March 20, that the United States is poised to “dominate crypto and the next generation of financial technologies.” These remarks, delivered remotely, were shared by the White House’s Rapid Response 47 account on X.
Trump highlighted actions his administration has taken to support this goal, including:
- Hosting the first White House digital asset summit.
- Signing an executive order creating the Strategic Bitcoin Reserve and the U.S. Digital Asset Stockpile.
- Ending the Biden administration’s “regulatory war on crypto and bitcoin.”
- Calling on Congress to pass legislation establishing “simple, commonsense rules” for stablecoins and market structure.
“With the right legal framework, institutions large and small will be liberated to invest, innovate and take part in one of the most exciting technological revolutions in modern history,” Trump stated.
He emphasized the potential of crypto to improve the nation’s banking and payment systems, promote greater privacy, safety, security, and wealth, and to unleash economic growth. He further suggested that dollar-backed stablecoins could expand the dominance of the U.S. dollar.
“Together, we will make America the undisputed bitcoin superpower and the crypto capital of the world,” Trump declared.
According to the Rapid Response 47 post, Trump’s speech marked the first time a sitting president has addressed a crypto conference. The White House’s “Crypto Summit” on March 7 convened over two dozen crypto industry executives and federal agency representatives, featuring addresses from Trump and administration officials.
The executive order establishing the Strategic Bitcoin Reserve and the U.S. Digital Asset Stockpile was signed a day earlier. White House Artificial Intelligence and Crypto Czar David Sacks said this order underscored Trump’s commitment to making the U.S. the “crypto capital of the world.”
Additionally, the GENIUS Act, a stablecoin bill, advanced with bipartisan support in the Senate Banking Committee on March 13, paving the way for a full Senate vote.” }
