U.S. President Donald Trump used a White House meeting with executives from Coinbase, Ripple, Robinhood, Gemini and Chainlink to deliver a fresh pro-crypto message, saying his administration has "completely ended the war on crypto." Speaking in the Roosevelt Room on Wednesday local time, Trump said the industry is booming and that the United States must retain what he called an "undisputed leadership position" in Bitcoin, crypto, prediction markets and artificial intelligence, while aiming to become the "crypto capital of the world." He also said the U.S. government has discussed accumulating a "substantial amount" of Bitcoin and other cryptocurrencies, adding that crypto has "greatly relieved pressure" on the U.S. dollar. On legislation, Trump urged Congress to move quickly on what he called a "fair version" of the Clarity Act, or the Digital Asset Market Clarity Act, saying it would help the U.S. stay ahead of China and other countries. He also said the SEC chair is working to bring Hyperliquid into the U.S. market in a compliant way, and pointed to the Genius Act, a strategic Bitcoin reserve and a ban on CBDCs as policy achievements already in place.
U.S. President Donald Trump met with executives from Coinbase, Ripple, Robinhood, Gemini and Chainlink, along with other crypto and fintech companies, in the White House Roosevelt Room on Wednesday local time and delivered remarks backing the crypto industry, according to BlockBeats.
Trump said his administration has "completely ended the war on crypto." He said the sector is booming and that the United States must keep what he described as an "undisputed leadership position" in Bitcoin, cryptocurrencies, prediction markets and artificial intelligence, while working to become the "crypto capital of the world."
He also said the U.S. government has discussed accumulating a "substantial amount" of Bitcoin and other cryptocurrencies, adding that crypto has "greatly relieved pressure" on the U.S. dollar.
On legislation, Trump urged Congress to pass a "fair version" of the Clarity Act, formally the Digital Asset Market Clarity Act, as soon as possible. He said the measure would help the United States stay ahead of China and other countries.
Trump also said the chair of the U.S. Securities and Exchange Commission is working to bring Hyperliquid into the U.S. market in a compliant manner. He also revisited policy steps already taken, including the Genius Act on stablecoins, a strategic Bitcoin reserve and a ban on CBDCs.
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