Trump: Digital assets are the future, and the United States must own it

Trump recently made a clear statement in a public speech to support the development of digital assets, saying that "digital assets are the future, and our country will own them." He called on Congress, especially the House of Representatives, to pass the GENIUS Act, which is regarded as a milestone in the regulation of digital assets in the United States, as soon as possible, and send the bill to the president's desk for signing and implementation as soon as possible.

The bill is jointly promoted by bipartisan lawmakers and aims to establish a unified and clear regulatory structure for the digital asset market, covering multiple areas such as registration, custody, payment, stablecoins, and trading platforms of cryptocurrencies. Its core content includes clarifying the boundaries between commodities and securities, establishing a unified licensing mechanism, giving the CFTC and SEC clear responsibilities, and promoting the compliance development of stablecoins.

In his speech, Trump pointed out that promoting the development of digital assets is the key to ensuring the financial competitiveness of the United States, promoting technological innovation, and maintaining national security. "We can't let other countries seize the dominance of future finance. The United States must be at the forefront."

According to people familiar with the White House, the presidential team is closely following the progress of the bill in Congress and maintaining communication with key legislators. The Treasury Department and the National Economic Council have also begun to make policy preparations for the regulatory mechanism after the implementation of the bill.

The GENIUS Act has been passed by the Senate and has received widespread support in the industry, including from a number of mainstream crypto companies, blockchain associations, venture capital firms, and banking alliances. Analysts believe that the bill is expected to become an important turning point in the modernization of U.S. digital asset industry regulation, improve market transparency and compliance, and attract more institutional and traditional capital participation.