Close Menu
Cryprovideos
    What's Hot

    Tesla TSLA Inventory Data Worst Day Since 2020 Following Trmup-Musk Public Soften Down – BlockNews

    June 6, 2025

    Finest Crypto Presale? Finest Pockets Token Raises $13 Million for Web3 Ecosystem – CryptoDnes EN

    June 6, 2025

    New BTC Layer 2 ICO ‘Bitcoin Hyper’ Raises $500K – Finest New Cryptocurrency to Purchase?

    June 6, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»Trump underscores committment to make US the 'crypto capital'
    Trump underscores committment to make US the 'crypto capital'
    Crypto News

    Trump underscores committment to make US the 'crypto capital'

    By Crypto EditorFebruary 20, 2025No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    U.S. President Donald Trump attributed bitcoin’s file highs to his dedication to creating “America the crypto capital.”

    “Bitcoin set a number of all-time file highs as a result of everybody is aware of that I am dedicated to creating America the crypto capital,” Trump mentioned on the Future Funding Initiative Institute convention on Wednesday in Miami. 

    Bitcoin was hovering at near $96,700 as of Wednesday night after reaching an all-time excessive of over $108,000 earlier this 12 months, in line with The Block’s worth web page. 

    “We wish to keep on the forefront of all the things, and one in all them is crypto, and Miami appears to be the middle of the motion, come to think about it, and possibly it’s going to keep there,” Trump added. 

    Earlier than being elected president final 12 months, Trump mentioned he deliberate to make the U.S. “the crypto capital of the planet.” Earlier than and since taking workplace, Trump has made a number of strikes to point out help for digital belongings together with designating crypto-friendly former regulator Paul Atkins to guide the U.S. Securities and Change Fee, one of many key companies that has had a big function in attempting to rein within the trade. 

    Trump additionally launched TRUMP memecoin forward of his inauguration together with his spouse, Melania Trump, following go well with with one in all her personal, each reached billions of {dollars} in market cap. 

    On Wednesday, Trump additionally talked about his government orders to maintain the U.S. “on the forefront of synthetic intelligence and to finish Joe Biden’s warfare on bitcoin and crypto.”

    Trump issued an government order in January titled “Strengthening American Management in Digital Monetary Expertise,” which included a variety of measures from making a working group tasked with growing a federal regulatory framework and likewise seems to be to ban using a central financial institution digital forex. The working group would come with prime officers together with the Treasury Secretary, Commerce Secretary and the chairs of the SEC, amongst others.

    Trump additionally took to criticizing the SEC below the Biden administration on Wednesday. Former SEC Chair Gary Gensler, who left the company final month, was skeptical of crypto, calling most cryptocurrencies securities. Throughout his time there, the SEC introduced quite a few prices in opposition to crypto corporations, many centered on them not registering lawfully. 

    “We ended that warfare completely,” Trump mentioned. “That warfare is over. They have been very hostile towards them till the very finish as a result of there’s so many individuals on bitcoin and crypto that simply earlier than the top, the SEC got here out, and so they have been being very good.” 

    This comes as Washington is predicted to have essentially the most pro-crypto Congress but, and pro-crypto lawmakers, reminiscent of Senate Banking Committee Chair Tim Scott and Home Monetary Companies Committee Chair French Hill, are main key committees holding the purse strings for payments to control the trade.

    Replace: Feb. 19, 11:50 p.m. UTC to incorporate particulars all through. 


    Disclaimer: The Block is an unbiased media outlet that delivers information, analysis, and information. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in different corporations within the crypto house. Crypto alternate Bitget is an anchor LP for Foresight Ventures. The Block continues to function independently to ship goal, impactful, and well timed details about the crypto trade. Listed here are our present monetary disclosures.

    © 2025 The Block. All Rights Reserved. This text is supplied for informational functions solely. It isn’t provided or meant for use as authorized, tax, funding, monetary, or different recommendation.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Finest Crypto Presale? Finest Pockets Token Raises $13 Million for Web3 Ecosystem – CryptoDnes EN

    June 6, 2025

    Breaking: Apple Exploring Crypto Integration

    June 6, 2025

    Trump Media submits new SEC submitting to buy $2.3B Bitcoin reserve

    June 6, 2025

    Trump Crypto Pockets Goes Darkish Following Stop and Desist – Decrypt

    June 6, 2025
    Latest Posts

    New BTC Layer 2 ICO ‘Bitcoin Hyper’ Raises $500K – Finest New Cryptocurrency to Purchase?

    June 6, 2025

    Bitcoin Cycle Prime Is In—$270,000 Delayed Till 2026, Says Analyst

    June 6, 2025

    Trump Media submits new SEC submitting to buy $2.3B Bitcoin reserve

    June 6, 2025

    Palantir Is Violating Its Personal Rules By Avoiding A Bitcoin Treasury

    June 6, 2025

    Michael Saylor’s Technique ups Bitcoin wager with $1B inventory providing

    June 6, 2025

    Bitcoin Worth Might Drop Beneath $100,000: Right here’s Why It’s Seemingly Regardless of Rising Accumulation

    June 6, 2025

    Bitcoin May Crash by Double-Digit Proportion Factors in a ‘Fast Transfer’ if This Assist Stage Fails, Warns Crypto Dealer – The Each day Hodl

    June 6, 2025

    Bitcoin Bombshell: Ulbricht Donor Linked To AlphaBay Kingpin

    June 6, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Crypto Market Strikes Towards Stability as Curiosity in Memecoins Drops

    February 13, 2025

    SEC Sues Crypto Government Over Alleged $198 Million Scheme – Decrypt

    April 23, 2025

    XRP Ledger battles inflow of rip-off crypto tasks as Ripple eyes world monetary position

    June 4, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.