Trump Declares End to War Against Cryptocurrency, Vows to Make America Dominant in BTC

President Donald Trump has reaffirmed his commitment to support cryptocurrencies and turn the United States into a “Bitcoin superpower” at the first cryptocurrency summit at the White House on March 7. Trump reaffirms commitment to reversing restrictive policies and making the United States a global leader in digital assets. He declares that his executive order establishes a Bitcoin reserve fund and a digital asset reserve to fulfill the promises he made last year. He also complained about the government selling a large amount of Bitcoin they once held and said his administration would ensure that the federal government can never sell BTC again. He delivered a speech: “Everyone knows, never sell your Bitcoin.” Trump also said that the Treasury Department is working on developing methods to accumulate more Bitcoin without affecting taxpayers. Trump also compares the cryptocurrency race to artificial intelligence, emphasizing the need for US leadership. “The important thing is that we have to go ahead of this opponent. We have to lead, like what we are doing in the field of AI.” End of the cryptocurrency battle Trump criticized the Biden administration for conducting what he called a "war on cryptocurrency" and officially declared an end to Chokepoint 2.0 Campaign, a policy seen as restricting financial services for cryptocurrency companies. He criticized the managers and Biden, claiming that "everyone really has to suffer" because of their restrictive and harmful policies and criticized them for only loosening their stance when the election season is approaching. He said: In the end, they agreed — but only to get the vote. Meanwhile, US Treasury Secretary Scott Bessent, who is currently in charge of managing the Bitcoin reserve, also criticized Biden's approach to this industry. He said: “Biden does nothing but punish technology innovators in the United States.” Bessent added that the Trump administration is working with the IRS to rescind previous guidance that has stifled the industry and working with legislators to build a comprehensive regulatory framework for cryptocurrencies and stablecoins. He also declared that the United States intends to use stablecoin to ensure that the US dollar maintains its dominant position as the world's reserve currency.