Former U.S. President Trump has repeatedly expressed strong support for cryptocurrencies, emphasizing that the United States needs to maintain its leading position in the global cryptocurrency sector. At the 2026 Davos Forum, he declared that new crypto legislation would open a "new path to financial freedom" and promote the establishment of a Bitcoin strategic reserve. Since taking office in 2025, Trump signed the "Genius Act" to establish a stablecoin regulatory framework, signed an executive order to promote the construction of a Bitcoin strategic reserve, and appointed several industry supporters to key government positions. His family has profited over $1.4 billion within a year through related crypto projects such as WLFI tokens and Trump Coins, with related assets accounting for 20% of the family's total wealth. Despite facing questions about conflicts of interest, Trump still claims to be "possibly the person who has spoken the most for cryptocurrencies," believing that developing cryptocurrencies is crucial for national competitiveness; otherwise, the U.S. will fall behind competitors like China.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Former U.S. President Trump has repeatedly expressed strong support for cryptocurrencies, emphasizing that the United States needs to maintain its leading position in the global cryptocurrency sector. At the 2026 Davos Forum, he declared that new crypto legislation would open a "new path to financial freedom" and promote the establishment of a Bitcoin strategic reserve. Since taking office in 2025, Trump signed the "Genius Act" to establish a stablecoin regulatory framework, signed an executive order to promote the construction of a Bitcoin strategic reserve, and appointed several industry supporters to key government positions. His family has profited over $1.4 billion within a year through related crypto projects such as WLFI tokens and Trump Coins, with related assets accounting for 20% of the family's total wealth. Despite facing questions about conflicts of interest, Trump still claims to be "possibly the person who has spoken the most for cryptocurrencies," believing that developing cryptocurrencies is crucial for national competitiveness; otherwise, the U.S. will fall behind competitors like China.