The White House announced that President Donald Trump has kept his campaign promise to “make the future of crypto American.”
In the statement, it was argued that President Trump has taken important steps regarding both cryptocurrency regulations and artificial intelligence policies.
In a speech on May 26, 2024, Trump promised, “I will stop Joe Biden's campaign to crush crypto. The future of crypto and Bitcoin will be shaped in the United States.” According to the White House, this promise was implemented with the GENIUS Act. The law established a comprehensive regulatory framework for the stablecoin market and aimed to maintain the US's global leadership in the cryptocurrency sector.
The White House also announced the rollout of a strategic framework for the US to establish global dominance in digital assets. These steps were announced publicly, underscoring President Trump's promise that “the future of crypto will be American.”
Another promise Trump made on December 12, 2024, was to “take the US much further” in artificial intelligence. To this end, the White House presented the US Artificial Intelligence Action Plan. The plan aims to increase US economic competitiveness, strengthen national security, and usher in a new era of prosperity through AI technologies.
*This is not investment advice.