"We Will Make the US a Bitcoin Superpower"
In his opening speech, President Trump emphasized the US's goal of becoming a leader in the field of digital assets and said, "Last year, I promised to make America the world's Bitcoin superpower and crypto capital. Today, we are taking a historic step to fulfill that promise." Stating that he signed a decree for the establishment of a strategic Bitcoin reserve, Trump announced that a "virtual Fort Knox" would be established for digital gold within the US Treasury Department. He stated that this decision was taken in order to strengthen the country's financial security.
Government halts Bitcoin sales
Stating that the federal government had suffered major financial losses by mismanaging Bitcoin assets in the past, Trump said, "The US government has previously sold tens of thousands of Bitcoins and lost billions of dollars. However, starting today, America will follow the basic rule that the Bitcoin community knows well. Never sell your Bitcoins." Stating that the Treasury and Commerce Departments were instructed to develop ways to accumulate more Bitcoin for the strategic reserve without imposing an additional burden on taxpayers, Trump announced that an inventory of all crypto assets held by the government will be drawn.
"Anti-Crypto Policies Will End"
President Trump criticized the strict regulatory policies implemented for crypto assets during the Biden administration, saying that the obstacles that challenge the crypto sector will be removed. "My administration will end the federal bureaucracy's war on crypto. The pressure on banks will be lifted, and crypto entrepreneurs will be supported," he said.
In addition, Trump stated that he supports bills in Congress that will provide regulatory clarity for digital assets and stablecoins, emphasizing that these laws should be approved before the August recess.
Speaking at the summit, business leaders welcomed President Trump’s approach to digital assets. Entrepreneur and investor David Sacks said, “President Trump supports innovation and high-tech entrepreneurs. We appreciate his fight to ensure justice for the crypto sector.”
Other industry leaders also said the US should be a pioneer in financial technology, He expressed confidence in the Trump administration's policies supporting blockchain and Bitcoin technologies.
The US is preparing to shape the future of digital finance
The Digital Assets Summit at the White House revealed the US's determination to strengthen its global financial leadership with innovative technologies such as blockchain, Bitcoin and artificial intelligence. Trump stated that the US will continue to support technological developments to maintain its leadership in this area.
Experts attending the summit stated that with this step, the US can create a strong legal framework in the field of digital assets and become more attractive to global investors.