Here is a 100-word report on the U.S. Securities and Exchange Commission (SEC) stance regarding Trump's position on Bitcoin:
The SEC, led by its chairman Paul Atkins, has shifted to a more friendly approach toward digital currencies since his return during Trump's second term. After taking office in April 2025, the SEC launched a task force to clarify the regulatory framework for digital currencies, and began withdrawing or suspending prominent lawsuits against companies like Coinbase and Binance, and excluded the 'meme coin' wallet from being classified as financial instruments subject to regulations. On June 13, it approved the registration of a Bitcoin treasury offering for Trump Media, enabling the company to add Bitcoin to its balance sheet. This shift reflects the administration's direction to make the U.S. the 'capital of digital currencies', facilitating corporate adoption and the entry of large institutions into the market
