Yesterday (19) at the Future Investment Initiative Institute conference held in Miami, US President Donald Trump stated that he hopes to propel the US to a leading global position, one of which is cryptocurrency. He pointed out: "Bitcoin has hit multiple historic highs because everyone knows I am committed to making America the capital of cryptocurrency." He attributed Bitcoin's record highs to the policies he has pushed, believing it to be the result of his efforts.

Trump emphasized:

We want to be at the forefront of everything, one of which is cryptocurrency, and Miami seems to have become the center of action. When you think about it, maybe it will continue to exist.

With the changing political landscape in Washington, DC, Trump also stated that the future Congress is likely to become the most supportive of cryptocurrency globally. He pointed out that legislators such as Senate Banking Committee Chairman Tim Scott and House Financial Services Committee Chairman French Hill are leading key committees to push for cryptocurrency regulatory legislation, which will provide a more stable legal framework for cryptocurrency regulation.

Ending the "War" on Bitcoin

Trump reviewed the cryptocurrency-related policies during the Biden administration. He stated that he has "completely ended that war", referring to the Biden administration's previous crackdown on Bitcoin and cryptocurrencies. He said:

Until the end, the US Securities and Exchange Commission (SEC) also stepped in, and their attitude became very friendly.

US Plans to Adjust Government Spending

Trump also mentioned at the conference that he intends to adjust government spending in the future, particularly hoping to allocate 20% of the funds saved by the Government Efficiency Department (DOGE) to American citizens. He stated that this plan may be used to reduce the national debt and effectively utilize the saved funds to further promote the US economy.