Speaking at the Future Investment Initiative (FII) Summit in Miami Beach, Donald Trump has shared his huge plan to make the US the leader in cryptocurrency. His goal is for Miami to remain the center of crypto activity, he said. According to Trump, the rising prices of Bitcoin when it hit over $108,000 this year were because of his push to make the U.S the leader in crypto.
Trump told the summit that executive orders he implemented ended what he viewed was the Biden administration’s “war on Bitcoin.” Additionally, he stated he will stop central bank digital currencies while also working on rules to help digital assets grow in the U.S. Under Trump, he picked crypto supporter Paul Atkins to be the chief of the U.S. Securities and Exchange Commission (SEC).
He also talked about the success with real estate in Miami, talking about Trump Towers and Doral country club and thanking leaders like Miami Mayor Francis Suarez and Elon Musk for his support. The U.S. economy was mentioned by him as companies like Oracle, SoftBank, and OpenAI are investing in artificial intelligence (AI).
Trump said that the U.S. economy would grow by cutting taxes, reducing waste and promoting domestic energy drilling. He also suggested a new national emergency to boost the approval of energy projects.
Trump concluded with the hope for peace around the world, but particularly between Russia and Ukraine. Saudi Arabia’s Crown Prince Mohammed bin Salman hosted peace talks, for which he thanked. Trump’s message was simple: America must lead in all three, crypto, AI, and energy, while being prepared for the pressing challenges facing the world.
Also read: Trump Media Seeks Trademark for ‘Truth.Fi’ Bitcoin ETF, Plans ‘Made in America’ Fund
