US Aims to Become a 'Bitcoin Superpower' as Trump Appears at Crypto Summit

03-05-2025
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President Donald Trump delivered a pre-recorded speech at the 2025 Digital Asset Summit hosted by Blockworks. It was the first time a sitting US president has spoken at a crypto-focused event, marking a major shift in federal policy toward the sector.

The Trump Administration's Shift in Strategy
In his speech, Trump emphasized the shift in federal policy from cautious regulation to a strong push for digital assets. He referred to the White House's Digital Asset Summit hosted by David Sachs, the new advisor on AI and cryptocurrency, where industry leaders discussed the US's digital asset strategy.

One of the key moves by the Trump administration is the executive order establishing the Strategic Bitcoin Reserve and the National Digital Asset Reserve. This is a major shift from the policies of President Joe Biden, who Trump criticized for divesting the government of digital assets at low valuations.

Trump also announced the end of “Operation Bottleneck 2.0” – a policy previously criticized by the crypto community for making things difficult for the industry. He emphasized that his administration is not only removing regulations that hinder crypto, but also promoting the development of the sector by creating a clear and stable legal environment.

Commitment to Creating a Legal Framework for Cryptocurrencies
Trump called on Congress to quickly establish clear and reasonable regulations, focusing in particular on laws governing stablecoins and the structure of cryptocurrency markets. He stressed that regulatory clarity would boost market confidence and create a favorable environment for financial institutions to engage more deeply in the cryptocurrency sector.

According to Trump, the development of a stablecoin backed by the US dollar would help consolidate the dominant position of the US dollar in the global financial market. This represents a long-term strategy to leverage blockchain technology to maintain US influence in the international financial system.

Cryptocurrency as a New Geopolitical Tool
Trump also mentioned the possibility of expanding US economic influence through digital assets, recalling historical moments such as the Bretton Woods agreement, where the US dollar became the global reserve currency. This reflects Trump's view that cryptocurrencies can serve as a strategic tool to help the US maintain its position as an economic superpower.

He also described the conference attendees as “pioneers,” linking innovation in cryptocurrency to the entrepreneurial spirit that is uniquely American. This approach is aimed not only at the crypto community but also at garnering support from policymakers and traditional financial institutions.

The United States Aims to Become a “Bitcoin Superpower”
Trump concluded his speech with an ambitious statement:

*Together, we will make America the undisputed Bitcoin superpower and the cryptocurrency capital of the world.*

This message signals a major shift in how the US government views cryptocurrency – from a tightly regulated sector to a strategic tool that strengthens the nation’s economic power.

Trump’s participation in the Blockworks Summit marks a significant turning point, signaling the United States’ shift from a country cautiously regulating cryptocurrencies to one that proactively shapes and leverages blockchain technology. If these policies are implemented, the United States could become a global cryptocurrency hub, spurring economic growth and strengthening its international financial position in the digital age.