Trump Promises To End Crypto Restrictions And Establish US As The Bitcoin Superpower

US President Donald Trump has pledged to establish America as the dominant force in cryptocurrency and financial technology. In a video address at the Blockworks Digital Assets Summit in New York on March 20, he assured that his administration is committed to fostering innovation in the sector. Trump highlighted his vision of establishing the nation as a leader in digital assets. He says, “Together, we will make America the undisputed Bitcoin superpower and the crypto capital of the world.”

He highlighted the recent White House Digital Asset Summit, where industry leaders and policymakers gathered to shape the future of crypto regulations. Trump also slammed the previous administration's strategy, saying that its restrictive regulations were impeding progress. He assured that his government is actively reversing these measures, including dismantling Operation Choke Point 2.0, which he described as an unfair attack on the crypto industry.

As part of his administration's approach, he announced the establishment of a Strategic Bitcoin Reserve and a US Digital Asset Stockpile, which will ensure that government-held cryptocurrencies are handled strategically rather than sold at low prices. He suggested that a clear regulatory framework for stablecoins and market structure would unlock major investment opportunities and help strengthen the US dollar’s global dominance.

Trump also highlighted the potential of stablecoins backed by the US dollar, stating that they could reinforce the dollar’s position as the world’s leading currency while driving further innovation in the sector.

Trump affirmed that the nation would welcome digital innovation under his direction rather than stifle it and commended the crypto community for its role in influencing the direction of finance. He concluded by expressing confidence that the US would lead the next wave of financial transformation.

Since taking office, Trump’s administration has focused on positioning the US at the forefront of the digital asset landscape. By establishing a Bitcoin Reserve, assembling a specialized working group, and designating important officials with industry experience, the government is setting the stage for a more methodical and planned approach to cryptocurrency acceptance and regulation.