During a recent speech at Miami FII Priority Summit, former President Donald Trump announced the conclusion of what he referred to as “war against bitcoin and cryptography” of the Biden Administration. “He promised to establish the United States as World Leader in Currency Innovation, emphasizing its commitment to strengthen the role of the country in the evolutionary cryptocurrency panorama.
Trump proclaims the United States as the future cryptography center
When addressing a meeting of global commercial figures and foreign dignitaries, Trump positioned his administration as a driving force behind <a target="_blank" href="https://www.ccn.com/news/crypto/crypto-com-opportunity-us-digital-asset-dominance/”>Domain of the United States in the digital asset sector. He declared that his leadership would turn the United States into the “cryptographic capital of the world” and pointed out bitcoin's recent performance as an indicator of market confidence in his economic vision.
He accredited the period after the election to revitalize the economy of the nation, attributing the resurgence to its policies. “From the elections (November), the US economic engines have returned to life in a very short period of time,” Trump said. He highlighted the increase of almost 10% of Nasdaq together with the multiple maximum bitcoin records, which reinforces its argument that financial markets have responded positively to their leadership.
Economic policies and deregulatory measures
Trump praised Miami as a prosperous center for cryptocurrency innovation and hinted at the possible deregulation to attract more investments in blockchain. He described the city as the “center of the action” for digital assets and expressed its intention to create a favorable business environment for the sector.
A key initiative mentioned in his speech was the newly formed Government Efficiency Department (Dux)An entity designed to stop unnecessary expense. Trump accredited Elon Musk technology businessman for leading the effort, citing his intelligence and technological experience. According to Trump, the department is already producing savings, with the intention of assigning 20% of those funds to the relief of taxpayers and the reduction of national debt. “We are saving billions every day,” he said. Although he did not explain specific strategies, he suggested that this initiative align with its broader objective of promoting a more friendly climate for business, particularly for cryptographic companies.
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New: President Trump says that “the Biden war ended in <a target="_blank" href="https://twitter.com/hashtag/bitcoin?src=hash&ref_src=twsrc%5Etfw”>#bitcoin And crypt. ”
“We completely end that war. It's over.” pic.twitter.com/nbwbyjqbfx
– The bitcoin historyn (@pete_rizzo_) <a target="_blank" href="https://twitter.com/pete_rizzo_/status/1892363500183302564?ref_src=twsrc%5Etfw”>February 19, 2025
Criticism of the policies and the Biden regulatory framework
Trump took the opportunity to criticize promulgated policies under the Biden administration, claiming that excessive regulations and high inflation have hindered technological advancement. He positioned his approach as a strong contrast, highlighting measures such as the freezing and reductions of the government in foreign aid, which framed as steps towards a new era of economic prosperity.
International aid programs were also subject to scrutiny, and Trump argued that such expenses should be redirected towards national priorities. Their comments resonated with the attendees, including Saudi officials and the main technology executives, who responded positively to their Pro-crypto position.
Commitment to US leadership in crypto
Concluding his speech, Trump reaffirmed his broader vision for American leadership, stating that the country must remain at the forefront of global advances. Among them, he emphasized, is the cryptocurrency. His comments reinforced the idea that his administration would assume an active role in the configuration of the future of the industry, ensuring that the United States remains a dominant player in the fast -growing digital asset market.
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