Donald Trump, the Republican presidential candidate, urged the US government to halt its cryptocurrency sales during an interview with Adin Ross. He emphasized the importance of fostering the crypto sector instead of liquidating assets, calling digital currencies a “modern currency” akin to artificial intelligence.
The US government, holding over 210,000 BTC as of spring 2024, recently moved $2 billion in Bitcoin to Coinbase. Trump warned that if the US does not focus on development, other countries like China will take the lead.
Trump envisions the US as the “crypto capital of the world,” a stance he reiterated at the Bitcoin 2024 conference where he raised $25 million. He also launched Bitcoin-themed merchandise, signaling his commitment to the sector.
This proactive approach could reshape US policies on digital assets, ensuring the country remains competitive in the global crypto market.