After taking office, Trump quickly reversed the Biden administration's repressive policies on cryptocurrency, withdrew investigations against several cryptocurrency companies, and established a Presidential Digital Asset Working Group to promote industry-friendly regulation. He announced the inclusion of cryptocurrency in the national strategic reserve, further enhancing market confidence in digital assets. Trump also promoted cryptocurrency through his personal influence, such as launching TRUMP Coin and supporting decentralized finance projects, injecting vitality into the industry. These policies not only alleviated regulatory pressure on the industry but also provided broader space for innovation and development in cryptocurrency, making the United States a core power in the global cryptocurrency field.
