On January 23, 2025, President Donald Trump, who has signed a signed presidential decree on the cryptocurrency in the White House President’s Office in Washington.
Kevin Ramarc | Reuters
On Thursday, President Donald Trump promoted the progress of cryptocurrencies in the United States and significantly signed a presidential decree to develop national digital asset stockpiling.
David Sax, a venture capitalist, nominated by President Trump as an emperor of cryptocurrency and artificial intelligence, was present to sign a presidential decree in the presidential office.
“The digital asset industry plays an important role in US innovation, economic development, and international leadership in Japan.”
In the first administration, Trump, a cryptocurrency critic, spent a turbulent four years under President Joe Biden at the time, then changed his attitude in election activities and gathered a large amount of donations from the industry. Almost half of corporate donations in the 2024 election cycle are by cryptocurrency investors, companies, and managers, and some have donated tens of millions of dollars to support President Trump’s second session. there was.
Most of the orders are focusing on the establishment of cryptocurrency and development technologies and rules in the United States. One of the important parts is the establishment of a work group to consider national digital asset stockpiling. The asset states that “it may be derived from the cryptocurrency legally seized by the federal government.” It is an initiative of the law execution organization. “
Historically, the US Safety Bureau has been auctioning what has been seized. BitcoinWith other cryptocurrencies such as ether and Light coin。 President Trump promised that he would never sell the Bitcoin held by the federal government when he returned to the White House, but no Bitcoin was mentioned on Thursday.
He said in a keynote speech at the Bitcoin Event in July, “If I win, it will keep 100 % of the US government currently holding or acquired in the future in the United States. It will be a policy. ” Conference at Nashville, Tennessee.
The order has continued to outlaws other important priority in the digital asset industry, such as protecting individuals and private companies using blockchain networks from persecution. This document describes a certain amount of protection measures to developers and minions, so that developers and minions can freely participate in “mining and verification” as well as “development and development of software”. He states that it should be, and respects technicians who protect the bitcoin network.
The President also promised to protect the rights of those who chose to keep digital assets themselves. In other words, they do not rely on centralized organizations such as Coinbase to hold the token, but instead use individual cryptocurrency wallets outside the Junior News Agency.
The order emphasizes that it promotes US $ sovereignty by supporting the global growth of the legal dollar backing stable coin.
Since the victory in November, Trump has focused on the appointment of government leaders who support cryptocurrency sector.
Paul Atkins was appointed chairman of the Securities and Exchange Commission. Atkins is a former SEC member, and is known for proposing a market -friendly policy and opposing forced pressure regulations. If approved, he will be the successor to Gary Genuler, who has been divided into the industry with the active execution of cryptocurrency regulations.
Earlier this week, SEC has announced the establishment of a new “Crystal Task Force” led by Secretary Hester Perth. With the frank support for digital currencies, Perth, called “Crypto Mama,” has long defended regulations that promote, rather than hindering innovation.
President Trump has been appointed Secretary of the Finance by Scott Vessent, a hedge fund manager of cryptocurrency promotion. Bessent attended a crypton in Washington on Friday. At the event, members, ministers appointed, and industry leaders gathered to emphasize the government’s plan to make the United States a global leader in digital asset innovation.
Mr. Sax told a crowded melon auditorium on Friday night that “the cryptocurrency war is over.”
“This is just the beginning of the United States as the world’s innovation leader,” said Sax.
