Donald Trump's Position on Cryptocurrencies

Change of Position:

While he previously criticized cryptocurrencies, describing them as a "scam," he has recently taken a strong pro-industry stance.

He pledged to make the United States the "crypto capital of the world."

Key Policy Proposals:

Trump announced plans to create a "Strategic Bitcoin Reserve" and an "American Digital Asset Inventory."

He expressed a desire to ease regulatory burdens on the cryptocurrency industry.

He also stated that his administration would protect cryptocurrency companies' access to banking services.