Trump Backs Crypto Industry at Blockchain Association Gala

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by Giorgi Kostiuk

2 years ago

Donald Trump's speech at the Blockchain Association gala emphasized a potential shift in the U.S. stance on cryptocurrency. Trump pledged to support the growth and innovation of the crypto industry.

A New Chapter for Crypto Policy

Trump pledged support for the Blockchain Association's efforts in developing comprehensive U.S. crypto legislation. "The next 100 days will be critical," the association said, highlighting the need for clear, actionable policies.

The next 100 days will be critical.None

Legitimizing Crypto Through Real Use Cases

Trump spotlighted projects like Decentralized Physical Infrastructure Networks (DePIN) as key priorities for his administration. DePIN projects showcase how blockchain can support decentralized services, adding value beyond speculation.

A Promising Future for U.S. Blockchain Leadership

The Blockchain Association welcomed Trump's remarks with optimism for the future. IoTeX was praised for showcasing blockchain's real potential. Legislative initiatives are expected with the new administration.

Trump concluded his speech with a call for bold ideas, emphasizing the importance of blockchain development in the U.S.

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