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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 is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.