Official announcements from the White House or relevant government websites

Trump Aims to Make U.S. Bitcoin and Cryptocurrency Capital, Plans Pro-Crypto Cabinet Members

Nov 12, 2024, 01:00 AM

Former President Donald Trump has announced plans to position the United States as the 'crypto capital of the world,' emphasizing a pro-cryptocurrency agenda. Following his recent election victory, Bitcoin has reached new all-time highs, attributed to Trump's ambitious policies aimed at reducing government interference in the cryptocurrency sector. Trump intends to appoint cabinet members who support cryptocurrency initiatives and has begun consulting with industry executives regarding regulatory changes at the Securities and Exchange Commission (SEC) and other agencies. This strategy is part of his broader goal to establish the U.S. as a leader in digital assets.