Lead
Speaking at the America Business Forum in Miami, President Donald J. Trump vowed to make the United States “the Bitcoin superpower” and “crypto capital of the world,” arguing that digital assets can relieve pressure on the dollar and should be embraced before rivals such as China gain ground. He credited recent executive orders with ending what he called a federal “war on crypto,” though he did not unveil new rulemaking timelines. (CoinDesk, America Business Forum agenda, Speech livestream)
Key Quotes from Miami
- “I’ve signed historic executive orders to end the federal government’s war on crypto. Crypto was under siege. It’s not under siege anymore.”
- “We’re making the United States the Bitcoin superpower, the crypto capital of the world.”
- “It takes a lot of pressure off the dollar … If we don’t do it properly, China wants to do it. Other countries want to do it.”
- Trump paired the message with broader technology ambitions, calling for America to be the “undisputed leader in artificial intelligence.”
Policy Context
- Earlier this year, the White House announced a Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile sourced from seized coins, framing the initiatives as tools for national competitiveness. (White House fact sheet)
- July’s GENIUS Act established a federal framework for fiat-backed stablecoins, reflecting the administration’s pivot toward pro-innovation policy after campaigning on crypto-friendly themes. (White House GENIUS Act statement)
- Trump reiterated opposition to a U.S. central bank digital currency, aligning with Treasury and Federal Reserve officials who have shelved CBDC exploration in favor of private-sector stablecoin oversight.
What to Watch
- Follow-through on market-structure legislation, with White House digital-asset advisor Patrick Witt still targeting a comprehensive bill on the president’s desk by year-end despite the ongoing government shutdown.
- Potential guidance from federal agencies clarifying how the Strategic Bitcoin Reserve will be managed and whether the government intends to sell, hold or deploy seized assets.
- Any new international initiatives—positive or restrictive—from China or the EU that could test Trump’s pledge to “do crypto properly” while preserving dollar primacy.
Disclaimer: This article summarizes public remarks and policy context for informational purposes only. It does not constitute political endorsement or financial advice.