Trump: "Make the United States a Bitcoin (BTC) superpower"

Source
JH Kim

Summary

  • President Trump expressed his plan to make the United States a Bitcoin (BTC) center.
  • He said virtual assets reduce the burden on the dollar and play a positive role.
  • President Trump emphasized that he is working on policy arrangements to grow the digital asset industry.

Donald Trump, the President of the United States, reiterated his plan that virtual assets (cryptocurrencies) would reduce the burden on the dollar and make the United States the world's Bitcoin (BTC) center.

On the 5th (local time), according to virtual asset specialist media Bitcoin Magazine, President Trump said, "Virtual assets alleviate pressure on the dollar and play a positive role in many respects," and "I will make the United States a Bitcoin superpower and the world's virtual asset capital."

He added, "Not regulations that suppress innovation, but I will create an environment that can grow the digital asset industry," and "We are arranging policies so that companies and individuals can use virtual assets to increase efficiency across the economy."

photo=Shutterstock
photo=Shutterstock
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
hot_people_entry_banner in news detail bottom articleshot_people_entry_banner in news detail mobile bottom articles
What did you think of the article you just read?




PiCK News

Iran Demands Transit Fees for Passage Through the Strait of Hormuz…Using Stablecoins and Yuan Payments

17 minutes ago
Iran Demands Transit Fees for Passage Through the Strait of Hormuz…Using Stablecoins and Yuan Payments

Trump to address the nation soon… Will he announce an end to the military operation? [Lee Sang-eun’s Washington Now]

1 hours ago
Trump to address the nation soon… Will he announce an end to the military operation? [Lee Sang-eun’s Washington Now]

Already the 11th ‘sidecar’ trigger this year… Markets watch Trump’s address to the nation [Today’s Market Preview]

2 hours ago
Already the 11th ‘sidecar’ trigger this year… Markets watch Trump’s address to the nation [Today’s Market Preview]

Rising for a second day on hopes for an Iran war end… Micron jumps 9% [New York stock market briefing]

2 hours ago
Rising for a second day on hopes for an Iran war end… Micron jumps 9% [New York stock market briefing]

US intelligence agencies: “Iran shows little willingness to negotiate a ceasefire”…diplomatic solution faces headwinds

3 hours ago
US intelligence agencies: “Iran shows little willingness to negotiate a ceasefire”…diplomatic solution faces headwinds

Trending News