President Donald Trump has declared that the United States will position itself as the future world capital of artificial intelligence (AI) and cryptocurrency. He made the announcement during a recent rally where he discussed the intersection of technology, innovation, and global economic power.
The latest announcement comes as AI and crypto quickly transform various industries, from finance and healthcare to entertainment and logistics. As blockchain technology and AI-powered solutions continue to expand, the US is poised to play a key role in shaping the future of these transformative fields. Trump’s comment reflects a clear intention to tap into this emerging potential and solidify the US as a leader in the tech industry.
During his speech, Trump proposed a more supportive regulatory framework for crypto to encourage its adoption. He further noted that this would create a favorable environment for crypto to thrive freely. In addition, he mentioned that the aim is to build a system that promotes innovation while protecting investors and consumers.
Trump Expresses Support For Crypto
Before his comment on AI and crypto, Trump had expressed his confidence in bitcoin (BTC) and the crypto industry. He also revealed that he would make America the “world’s capital for Bitcoin and crypto.” In the last year, the US President has earned the support of the crypto community in various ways, including BTC donations from many famous American crypto enthusiasts.
The American politician has made it clear that his backing of the crypto industry goes beyond mere political strategy. He has also proposed a ‘strategic Bitcoin reserve’ for the US, highlighting his dedication to advancing the crypto asset.
In line with his goal of making crypto thrive in the US, during his campaign in 2024, Trump said he would remove the US Securities and Exchange Commission’s (SEC) chief, Gary Gensler, on his first day as president. Gensler recently left the SEC.
Under his leadership, Gensler was labeled the “most destructive” SEC chief. During a House Financial Services Committee hearing, Minnesota Representative Tom Emmer accused Gensler of creating crypto asset security and never providing a framework for defining crypto assets.
