Trump: We will “dominate encryption”

President Donald Trump told the Digital Asset Conference on Thursday (March 20) that the United States will “control encryption and the next generation of financial technologies.”

In remote notes to Blockworks The summit of digital assets In New York and her participation in the White House Fast response 47 Account mail On X, Trump highlighted the measures taken by his administration to support this goal.

These procedures include hosting the top of the first digital assets for the White House, as the signing of an executive order creates the strategic Bitcoin reserves and US digital assets, and ending the “organizational warfare” of the Biden administration on encryption and bitcoin, “and called on Congress to pass legislation that creates” simple rules, a queue “for the nails and the market structure.

“With the correct legal framework, large and small institutions will be liberated for investment, innovation and participation in one of the most exciting technological revolutions in modern history,” Trump said.

He told those present at the Crypto conference that they would be able to improve the banking system and pay in the country,; Promote more privacy, safety, security and wealth; Unleash the “economic growth explosion”; Thanks to the dollar -backed Stablecoins, it helps to expand the dominance of the US dollar.

Trump said: “We will make America the undisputed power of bitcoin and the world of encryption in the world,” Trump said.

Trump’s speech is the first time that the sitting president addresses a encryption conference, according to the Post newspaper, with a quick response 47.

White HouseThe top of encryptionIt was held on March 7, and more than twenty executives in the encryption industry and representatives of federal agencies were collected, and included Trump addresses and management officials.

Executive order creation Bitcoin strategic reserves The US digital assets stocks were signed one day ago, with artificial intelligence at the White House and Crypto CZAR David Sachs The saying that the matter emphasized Trump’s commitment to making the United States “the capital of encryption in the world.”

On March 13, a Bill Stablecoin The genius law was developed by voting 18-6 in the Senate Banking Committee, with the support of the two parties, which put it on the rapid path to be voted on by the full Senate.