Trump reiterated "I support Crypto Assets", which have shown resilience in a sluggish market.

GateUser-6433627c · 2025-05-05T01:15:37+00:00

During an interview, Trump reiterated his support for Crypto Assets, stating that the U.S. needs to maintain its lead in digital asset innovation, or it will be surpassed by other countries, especially mentioning China. He emphasized that Crypto Assets have shown resilience during market downturns, have been widely accepted, and are an emerging and popular phenomenon that holds significant importance for the market. Trump criticized the Biden administration's policies on Crypto Assets, stating that the government's subsequent softening of its stance was due to political interests.

GateUser-6433627c

2025-05-05 01:15:37

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On May 5, Trump reiterated his support for Crypto Assets, stating that they have shown resilience during market downturns and are now widely accepted. He mentioned that the U.S. must stay ahead in digital asset innovation, or it will fall behind countries like China. “I support Crypto Assets,” Trump said during an interview with NBC News’ Meet the Press this week. “I think Crypto Assets are important because if we don’t do it, China will,” he added. “This is an emerging thing, very popular, very hot.” He further stated that during market downturns, the performance of Crypto Assets was “much stronger than other aspects of the market.” Trump emphasized that the importance of Crypto Assets cannot be ignored, and their widespread adoption is the main driving force behind his support. He also accused the Biden administration of initially taking a repressive stance on Crypto Assets, but later softening that position for political interests.

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