President Donald Trump, speaking at the Future Investment Initiative Institute conference in Miami, reaffirmed his commitment to making the United States the “crypto capital” of the world. He emphasized that Bitcoin’s surge to record levels reflects market confidence in his cryptocurrency policies. Trump highlighted his administration’s focus on leadership in digital finance and innovation, including cryptocurrencies and artificial intelligence. He also noted that Miami is emerging as a crypto hub and may maintain this status in the future.
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Previously, Trump signed an executive order titled “Strengthening American Leadership in Digital Financial Technologies,” which aims to develop a federal regulatory framework for cryptocurrencies and bans the use of a central bank digital currency (CBDC). He also appointed David Sacks as the White House “crypto czar” to oversee the development of a legal framework for the crypto industry.
