US President Donald Trump took office earlier this year, with at least part of his 2024 election victory thanks to voters who took campaign promises about a crypto-friendly administration to heart.
So far, the Trump administration has indeed taken decisive steps in favor of cryptocurrencies, including signing an executive order reversing Biden-era policies, establishing the President’s Task Force on Digital Asset Markets, and banning a US CBDC. The administration also helped advance the GENIUS Act – the first major federal crypto law for regulating stablecoins and dropped several enforcement cases related to crypto companies.
Trump also created a strategic bitcoin reserve, although he disappointed some by deciding that the reserve would be funded by seized bitcoins, rather than new purchases.
What have you done for me lately?
Digital assets and blockchain technology, however, received no mention in Trump’s latest national security strategy. Instead, artificial intelligence, biotechnology, and quantum computing are touted as the keys to American technological leadership.
“We want to ensure that American technology and American standards – particularly in the areas of AI, biotechnology and quantum computing – move the world forward,” said the national security strategy statement released Friday.
This omission could mean that President Trump and the US establishment as a whole remain reluctant to view crypto as anything more than just a financial asset rather than something that could give America a strategic advantage.
Read: Trump Security Strategy: Impact on Bitcoin, Gold and Bond Yields
