""In crypto, it's a kind of industry where basically you're going to have number one and you're not going to have a number two. And right now we're number one by a long shot," he said. President Trump also pointed to China's booming crypto initiatives, noting, "China is getting into it very big," and insisted that U.S. leadership is crucial to prevent other nations from dominating the market."
"The President credited his sons with being more engaged in the industry than he is, while highlighting that their business pursuits demonstrate the sector's growth and potential. Trump also suggested that his previous campaigns, which openly supported crypto, helped secure what he called the "crypto vote," framing his advocacy as a continuation of his broader efforts to bolster American technological leadership."
President Donald Trump prioritizes U.S. leadership in cryptocurrency, framing the sector as a winner-takes-all arena comparable to artificial intelligence. He emphasized the need to remain number one amid global competition and warned that China is expanding its crypto initiatives. He credited his sons' engagement as evidence of the industry's growth and cited past campaign support for crypto as having helped secure the "crypto vote." The conversation also covered Trump's pardon of Binance founder Changpeng Zhao (CZ). U.S. prosecutors accused Binance of enabling illicit transactions and failing anti-money-laundering controls; CZ pleaded guilty, resigned as CEO, and paid a $50 million fine.
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