U.S. President Donald Trump’s address at Blockworks’ Digital Assets Summit in New York is a sign of how big crypto has become in the finance space, Dan Greer, co-founder of Defi App, says.
According to Greer, the president delivered a pro-innovation address that cements his administration’s pro-crypto stance.
In his speech during Blockworks’ Digital Assets Summit in New York on Thursday, Trump talked about stablecoin legislation, the strategic Bitcoin btc-0.1%Bitcoin reserve and the negative impact of crypto debanking.
On stablecoin legislation, Trump has called for Congress to pass the bill that will create “simple and common sense rules.”
The Senate Banking Committee advanced the stablecoin bill last week. As crypto.news highlighted this week, Bo Hines, the executive director of the President’s Council of Advisers on digital assets, says the bill could be on Trump’s desk sooner.
