President Donald Trump delivered his speech at the Digital Asset Summit in New York City via video recording at 10:40 ET, marking the first time a sitting US President has spoken at a Cryptocurrency conference. In his speech, Trump emphasized the US's intention to become the 'Bitcoin superpower and the world's Crypto capital.'

Trump's statement included a call to Congress to pass stablecoin legislation that would be a 'historical achievement,' advocating for 'simple and sensible rules' to regulate the market. He also mentioned the establishment of a Strategic Bitcoin Reserve, which he claimed would maximize the value of US ownership and prevent 'poor sales.'$BTC