#TrumpAtDAS here are the key points from President Donald Trump's remarks at the Digital Assets Summit held on March 20, 2025, in New York City, as well as context from his earlier White House Crypto Summit on March 7, 2025:
U.S. Leadership in Crypto: Trump emphasized his commitment to positioning the United States as the global leader in cryptocurrencies, often referring to it as the "crypto capital of the world." He highlighted this vision as a cornerstone of his administration’s economic strategy.
Strategic Bitcoin Reserve: He reiterated the establishment of a Strategic Bitcoin Reserve, initially formalized by an executive order on March 7, 2025. This reserve uses approximately 200,000 bitcoins (valued at around $17 billion) seized through criminal and civil forfeiture, with a policy of not selling these assets, aligning with the crypto mantra "never sell your bitcoin."
Digital Asset Stockpile: Alongside the Bitcoin Reserve, Trump discussed a U.S. Digital Asset Stockpile for other cryptocurrencies obtained via forfeiture. He noted that the government would not initially purchase additional assets, but the Treasury and Commerce Departments are tasked with exploring "budget-neutral" ways to acquire more bitcoin.
Regulatory Clarity and Support: Trump called for simple and stable regulations to foster innovation while protecting investors. He urged Congress to pass legislation on stablecoins and broader digital asset frameworks, expressing a desire for such bills to reach his desk before the August recess.
Stablecoins and the Dollar: He suggested that stablecoins, pegged to the U.S. dollar, would reinforce the dollar’s status as the world’s reserve currency, integrating digital assets into the global financial system under American leadership.
Criticism of Past Policies: Trump criticized the previous administration’s regulatory approach, particularly "Operation Choke Point 2.0," which he claimed unfairly targeted the crypto industry. He promised to end such "weaponization" of regulations against digital assets.
