President Donald Trump’s credit for the Bitcoin Price race last bull to see the United States is the world leading in creating and adopting cryptocurrencies.

He echoed the feelings of his administration, Trump, who was speaking on Wednesday at the Institute of Future Investment Initiative conference In Miami, he also attributed the unprecedented Bitcoin growth to his pro -profit management position. He said:

Bitcoin has set multiple levels at all because everyone knows that I am committed to making America the coding capital.

President Donald Trump

His comments came when Bitcoin was traded only from 96,700 dollars on Wednesday evening, after it reached the highest level of more than $ 108,000 earlier this year.

Trump puts the United States as a global encoder

In his presidential campaign, since his election to his position, Trump has portrayed himself as a kind of assets supporting the number. Before his election last year, he pledged to make the United States “the planet’s encryption capital.” Since his inauguration, he made steps to support this industry, such as the appointment of former organizer Paul Atkins, who celebrated the encryption industry as a friend of a friend of encryption agency, to lead the US Securities and Stock Exchange Committee (SEC).

Trump also described Miami’s position in the coded currency space, describing it as the “center of the movement” and watching that the activity pulses can remain digital assets. Trump indicated that his administration is committed to America’s leadership at the forefront of everything, and that one of these is encryption.

Trump signed executive orders while he was in office to encourage the development of digital assets. In January, it signed an order called “strengthening American leadership in digital financial technology” that formed a working group to create a federal regulatory framework for encryption. It also aims to ban the central bank’s digital currency (CBDC), which is a widely supported step by the encryption community.

Trump criticized SEC’s organizational position during the era of former President Gary Ginsler. The agency, which has taken many enforcement measures against encryption companies during the Jingser State, has long been a discount on this industry. On Wednesday, Trump claimed that he “completely ended that war.”

Trump indicated that the International Organizational Energy Agency was really hostile to Bitcoin and encryption to the end. However, he indicated that immediately before the end, they suddenly realized that there were many people on Bitcoin and Crypto to the point that they started to be very nice.

Trump Pometto Boom champion while Washington is preparing for the legislation of digital assets

Trump’s comments have arrived at a moment that Washington is expected to welcome the most supportive Congress to the carbonity so far. The main legislators, including the Chairman of the Senate Banking Committee, Tim Scott and Chairman of the Financial Services Committee in the House of Representatives, lead the efforts made to formulate the regulatory frameworks of this industry.

In addition to the moves directed to politics, Trump also obtained a personal ownership of the encryption movement. Indeed, before taking office, Trump Mimi, who swollen into billions of dollars in market value. His wife, Melania Trump, soon joined her encrypted project.

Trump’s leadership, in particular, can enhance the position of the United States as a dominant player in the world’s encryption economy, especially with a growing political boost to adopt digital assets and a favorable organizational environment.

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By BBC

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