On May 22, former US President Donald Trump posted a strong message on his Truth Social platform, asserting his firm belief that America is leading in the field of cryptocurrency and committing to maintaining that position. This message was issued just before a private dinner with the cryptocurrency community, held at the Trump National Golf Club near Washington D.C.
"On my way to the crypto party in Loudon County, Virginia. THE US IS LEADING in crypto, bitcoin, etc... and we will maintain that position!"
This is a strong affirmation from Trump, clearly showing his support for the digital asset industry and his ambition to make the US a global leader in blockchain technology.
The event was exclusive to top investors
The dinner party was held in a formal 'black-tie' style, exclusively for 220 holders of the most meme coin TRUMP – a cryptocurrency named after him. Notably, the 25 largest holders were invited to a separate VIP reception. The total contributions from guests for this event are estimated to reach 148 million USD, including significant investments like that of entrepreneur Justin Sun, who is said to have contributed over 18 million USD.
Concerns about political influence and financial transparency
Although the event garnered significant interest in the cryptocurrency community, it also sparked controversy, particularly from Democratic politicians like Senators Elizabeth Warren and Jeff Merkley. They expressed concerns about foreign influence and ethical issues, especially since a large portion of the TRUMP token supply is held by entities linked to Trump.
White House spokesperson Karoline Leavitt, when asked about the guest list, stated: "The president attended this event during personal time," and declined to disclose the identity of the attendees.
According to The New York Times, some attendees revealed that they came to the event with the specific purpose of influencing Trump's stance on financial regulation and cryptocurrency in the US.
High expectations but unsatisfactory results
Although the party was highly rated for its organization and cuisine, some guests expressed disappointment at not having the opportunity for direct dialogue with Trump. According to Fox Business journalist Eleanor Terrett, "he only gave a brief speech and then left." Many hoped for a Q&A session or more detailed policy discussions, but that did not happen.
Opportunities for the Crypto Industry in the US?
Despite criticism over a lack of transparency and the risks of vested interests, supporters argue that Trump's involvement is a positive sign for the growing acceptance of cryptocurrency in US politics. They believe that with attention from the highest levels, the blockchain and bitcoin industries will soon receive a clearer and more favorable legal framework in this country.
Conclusion
Trump's strong endorsement of the cryptocurrency industry could be a major turning point in shaping crypto policy in the US. While still controversial, it is undeniable that blockchain and bitcoin are gradually moving to the center of the political game in the United States.