Former President Donald Trump's speech in Congress lasted about 1 hour and 30 minutes, focusing mainly on the following core issues, without mentioning cryptocurrency-related content throughout:
1. Core Content of the Speech
- Border Security and Immigration Policy
Emphasized strengthening border control between the U.S. and Mexico, criticized the Biden administration's immigration policies, and reiterated the commitment to build the border wall.
Economic and Employment
Mentioned economic growth data during his term, called for lowering corporate taxes, and promoting the return of manufacturing, but did not address the impact of digital currency or blockchain technology on the economy.
- Foreign Affairs and Defense
Advocated for "America First," called on NATO allies to increase military spending, and discussed trade policies with China and the situation in the Middle East.
- Social Issues
Involved healthcare reform, infrastructure construction, and gun control issues, none of which were linked to emerging technologies or financial innovation.
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2. Possible Reasons for Not Mentioning Cryptocurrency**
- Differences in Political Priorities
Current American voters are more concerned with traditional issues such as inflation and immigration, and cryptocurrency has not yet become a core battleground for both parties in the campaign.
- Ambiguity in Policy Stance
Trump's own attitude towards cryptocurrency is complex: he criticized Bitcoin in earlier years, recently shifted to accepting cryptocurrency donations, but has not formed a clear policy stance.
- Congressional Dynamics Background
The U.S. Congress is currently debating the regulatory framework for cryptocurrency (such as stablecoin legislation, SEC enforcement authority), and Trump may avoid making premature statements on contentious issues.
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3. Political Environment and Market Connection
- Continued Party Divisions
The Democratic Party tends to strengthen cryptocurrency regulation (such as SEC lawsuits against exchanges), while some Republican lawmakers support innovation-friendly policies; Trump's silence may allow room to appeal to the center.
- Limited Short-Term Market Impact
The speech did not release any policy signals, and the cryptocurrency market reacted calmly. Long-term attention should be paid to the results of the November election; if Trump wins, his cabinet's stance on the cryptocurrency industry may influence regulatory directions.
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Summary
Trump's speech continued the framework of traditional issues, with cryptocurrency not included in the political narrative, reflecting that this field remains on the fringes of mainstream U.S. policy. Investors need to continuously monitor congressional legislative progress and subsequent statements from candidates of both parties, especially potential changes in policy direction that may arise before and after the election.
