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Cryptocurrency News Articles
President Trump Has Stated That the US Is "Dominating" Bitcoin and Crypto
May 23, 2025 at 11:45 pm
President Donald Trump has stated that the United States is “dominating” in Bitcoin and crypto in general. He also vowed to maintain this leadership position
President Donald Trump claims the U.S. is "dominating" in Bitcoin and crypto in general and he vowed to keep it that way during his administration, the president stated on Truth Social.
Trump is to host the top 220 holders of his $TRUMP meme coin at Trump National Golf Club in Sterling, Virginia, on Thursday evening for a private dinner.
The attendees collectively spent $394 million purchasing the presidential token, according to blockchain analytics firm Nansen.
“What a nice bunch,” Trump told his VIP guests at the golf course dinner. He also asked if they had seen his presidential helicopter land.
The event, which took place about 25 miles from the White House, brought together major crypto investors for what organizers called a “once-in-a-lifetime evening.”
Among them was Chinese billionaire Justin Sun, founder of Tron and the largest $TRUMP token holder with more than $20 million invested.
His presence alongside other international investors highlighted the global interest in Trump’s crypto-friendly promises.
Trump’s ‘Dominating' in Bitcoin
"Great to be able to continue President Trump's vision of American leadership in cryptocurrency," a White House official told Coin Edition.
"The administration is working diligently to create a regulatory environment that fosters responsible innovation and maximizes the benefits of this rapidly evolving technology."
The president's dominant declaration is significant given his administration's regulatory role over cryptocurrency markets.
Trump has repeatedly promised to forge favorable conditions for altcoins and signaled a stark divergence from the prior administration's approaches to crypto regulation.
The statement also alludes to ongoing efforts to maintain U.S. leadership in Bitcoin mining, cryptocurrency exchanges, and blockchain innovation.
This could involve tax incentives, streamlined regulations, and infrastructure development to support the industry's growth.
Industry observers noted that Trump's statement on Thursday morning confirms that cryptocurrency policy remains a priority for the president.
The administration has signaled plans to ease federal regulations on altcoins, setting a course for lighter oversight than previously applied by the SEC.
As Trump continues rolling out policies viewed favorably by the cryptocurrency industry, his Truth Social post serves as a public commitment to supporting the sector's expansion.
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- US President Donald Trump’s exclusive dinner for top investors in his $TRUMP meme coin has ignited a firestorm of controversy
- May 24, 2025 at 08:35 am
- 24th May 2025 – (Beijing) US President Donald Trump’s exclusive dinner for top investors in his $TRUMP meme coin has ignited a firestorm of controversy
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