Trump Declares End to “Crypto Wars” – Will America Lead Bitcoin?
At the first crypto conference organized by the White House (March 7), President Donald Trump affirmed that he would turn the US into a Bitcoin superpower , while removing policies that hinder the crypto industry under Biden.
“Don’t Sell Bitcoin – Buy More!”
Trump criticized the US government for selling large amounts of confiscated Bitcoin, causing the country to lose the opportunity to hold a valuable asset.
He pledged that his administration would never sell Bitcoin again . Trump announced the end of the financial crackdown on the crypto industry , accusing the Biden administration of causing great damage to businesses and investors.
“Biden only changed his attitude because of votes!”
Trump criticizes Democrats for only loosening crypto policy as the election approaches .
US Treasury Secretary Scott Bessent also condemned Biden’s approach, saying the US has squandered many opportunities for technological innovation.
Bessent revealed that the Trump administration is working with Congress and the IRS to create a clear regulatory framework for crypto and stablecoins.
The goal is to maintain the USD as the global reserve currency , countering the rise of other cryptocurrencies.
