Official statements or policy documents from the U.S. government

Trump Pledges to Make U.S. 'Crypto Capital' and Create Bitcoin Reserve, Aims to Revitalize Market

Nov 18, 2024, 08:25 PM

Former President Donald Trump has shifted his stance on cryptocurrency, now pledging to position the United States as the 'crypto capital of the planet.' In a recent statement, he announced plans to create a 'strategic reserve' of bitcoin, signaling a significant endorsement of the digital currency. Trump's evolving view on crypto has garnered attention, with supporters suggesting that his involvement could revitalize the market and provide liquidity options for equity investors. This marks a notable change from his previous skepticism towards cryptocurrencies.