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US President Donald Trump recently declared that the war against Bitcoin and other cryptocurrencies waged by the Joe Biden administration has ended. In a statement at the FII PRIORITY Summit in Miami Beach, Trump said he had signed an executive order to ensure America remains a leader in artificial intelligence and ends the war on Bitcoin and crypto.

Trump also highlighted that many people were charged without reason, indicating unfairness in the legal actions. Additionally, he announced the formation of a working group to develop a new regulatory framework for digital assets, including a ban on central bank digital currencies.

This move reflects his commitment to making the US a global hub for crypto innovation. With support from pro-crypto Congress members, Trump seeks to leverage this momentum to strengthen the US position in the crypto industry and attract more investment to the digital market.