Trump Reiterates His Pro-Crypto Stance At Crypto Policy Summit

Crypto Policy Summit: Trump And Many Industry Leaders Attend

Trump Gives Speech At Washington Crypto Policy Summit

About to grab the chair of the country’s president, Donald Trump’s speech at the crypto summit again highlighted his pro-crypto attitude. The gathering saw several important faces of the country and the crypto market.

US President Donald Trump has always openly spoken about his strong stance toward the cryptocurrency market. He reiterated the same when the Washington Crypto Policy Summit was held recently. 

US Government’s Pro-Crypto Stance

In his goodwill speech, Trump restated the US government’s will to position the country as a global crypto powerhouse. Organized by the Blockchain Association, the crypto policy summit saw him assuring the gathering that the country wants to keep its business in the United States itself and not in China or elsewhere. He seemed to be referring to Bitcoin through the statement.

The Crypto Policy Summit

The summit was attended by many. The two chambers of the US Congress along with various crypto industry leaders, like those of Coinbase, Grayscale, Messari, Uniswap, Ripple, a16z, Consensys, Filecoin and loTex, participated in the event. There were discussions on the process of industry’s rules and regulations. 

Participation of crypto industry leaders showed how enthusiastic and optimistic the industry is about the future developments that are expected in the US. 

Contributions From Various Leaders

Besides Trump, there were many who placed their views, ideas and plans in different ways. From Larry Pang to Dritan Nesho, everyone spoke of the flourishing crypto space.

loTex ecosystem’s head, Larry Pang declared that the next hundred days are of crucial importance for legislation in the crypto industry of the US. He also emphasized that the decentralized physical infrastructure network is now a priority legislative area alongside DeFi, stablecoins and staking.

There was also a presentation by the CEO of Harrisxdata, Dritan Nesho, who showed how the US presidential elections’ voters responded to the two candidates, Trump and Kamala Harris, on digital assets. While 7/10 crypto investors considered their digital issues policies when choosing to vote, 25% of voters in the country are now crypto owners. 

The United States truly seems to be ready for the next big transformation that can occur for the crypto world.

A Session On “Moving The Needle”

“Moving the needle: Market Structure, Stablecoins, and SAB 121” ended the policy conversations. This was attended by Congressmen Wiley Nickel and Mike Flood, as well as Nilmini Rubin, Hedera’s Chief Policy Officer.

Bottom Line

With Donald Trump about to sit on the chair of the US President on January 20, 2025 back again, he seems to have already solidified the atmosphere to support his pro-crypto stance with the appointment of various crypto supporters on authoritative positions. One of the greatest examples of this is the replacement of Gary Gensler with Paul Atkins, who is also to take the office the same day as Trump.