Mar 21, 2025
Ibiam Wayas
US President, Donald Trump crypto announcement at the Digital Asset Summit did not include any new crypto executive actions. Here are the details.
Trump gave a video address at the Digital Asset Summit on Thursday. He was not physically present at the crypto conference.
He touted his pro-crypto sentiment and efforts to spark crypto economic growth. Crypto is "as big as you can get,” Trump said.
"Pioneers like you will be able to improve our banking and payment system and promote greater privacy, safety, security, and wealth for American consumers and businesses alike," he said.
He reaffirmed that his administration has stopped selling seized Bitcoins in possession of government agencies.
Trump crypto announcement at the crypto primarily centered on his administration’s effort towards promoting crypto growth. He did not announce any new policy, as many had expected.
Some had expected that Trump would announce zero capital gains tax on cryptocurrency, but he did not.
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