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Trump addresses Coinbase summit to discuss crypto plans

cryptoweekly by cryptoweekly
June 12, 2025
in bitcoin, News
0

The US president has spoken in person at the Bitcoin 2024 conference in Nashville and released a video message for the Digital Asset Summit in New York City.

US President Donald Trump released a prerecorded message for attendees of Coinbase’s State of Crypto Summit as Congress considers legislation to regulate payment stablecoins and establish a digital asset market structure framework.

In his second message directly addressing a crypto conference since becoming president in January, Trump said he was “not done” implementing crypto policies in the US government. These, according to the president, have included efforts through executive orders to establish a national Bitcoin (BTC) reserve, creating a working group on digital assets and nominating Paul Atkins to chair the Securities and Exchange Commission (SEC).

“My administration is working with Congress to pass the GENIUS Act supporting the creation of dollar-backed stablecoins, and we also will be working to create clear and simple market frameworks that will allow America to dominate the future of crypto and Bitcoin,” said Trump.

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  • Ether rockets 47% in a month as hedge fund says ‘rapid reversal’ unlikely
  • Trump eyes executive order to open up retirement funds to crypto: FT
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  • 300% DOGE price rally expected if this key price level is reclaimed
  • Outrage as $1.8B ‘DGCX’ scam ringleader mocks victims: Asia Express
  • US to investigate Brazil’s digital payment system
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