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Trump: Cryptocurrencies are the key to US economic leadership


May, 05 2025
watermark Economic news

Donald Trump stated that cryptocurrencies have become an important and stable asset class that remains popular even in the face of market downturns. He is confident that the development of the crypto industry will help the United States maintain its economic leadership and avoid China's dominance in the global financial system.


These statements were made against the backdrop of intensifying competition with China in the field of technology, including artificial intelligence and blockchain. Trump expressed concern that China's influence could spread to the cryptocurrency market if the United States does not actively develop this area.


He also criticized the harsh policy of the Joe Biden administration, in which many crypto companies were subjected to judicial pressure from the SEC. In January, a cryptocurrency task force was created, which is already conducting public discussions on the regulation of decentralized finance (DeFi), cryptocurrencies, and asset tokenization.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.