Explaining Washington’s Cryptocurrency Reversal

During the election campaign, received substantial support from the cryptocurrency community; issued a family-wide launch of cryptocurrencies before taking office; appointed cryptocurrency advocates as regulatory officials after assuming office; signed an executive order for a strategic Bitcoin (BTC) reserve plan; several cryptocurrency-related lawsuits were dismissed; the first cryptocurrency summit held at the White House; and recently, news emerged of family members investing in a cryptocurrency exchange...

After returning to the White House four years later for a second term, U.S. President Donald Trump has deepened his ties with the cryptocurrency community.

On March 20, 2025, former President Donald Trump delivered a speech via video at the Digital Asset Summit in New York. This marked the first time a sitting U.S. president attended such an event. Concluding his speech, Trump stated, "We will work together to make America the undisputed BTC superpower and the world capital of cryptocurrency."