Well, well, well. Look who’s finally on the crypto bandwagon – none other than U.S. President Donald Trump. I mean, if the President of the United States is giving a thumbs up to crypto at the Blockworks Digital Assets Summit, it must be a *big deal*… right? 🙄
According to Dan Greer, the co-founder of Defi App, Trump’s speech was a *massive* endorsement of crypto as a serious player in the finance world. You know, because when Trump talks, people listen. Or maybe they just tweet about it. But whatever.
At the event in New York, Trump gave a speech that included everything from stablecoin legislation to Bitcoin reserves and the “disastrous” effects of crypto debanking. Yes, you read that right. Trump, the guy who tweets about everything, now has his own crypto agenda. 🌪️
Trump’s take on stablecoins? Oh, just the usual: “Let’s get Congress to pass some simple, common-sense rules.” (Wow, so groundbreaking. 😒) The Senate Banking Committee has already moved the stablecoin bill forward, and apparently, it could land on Trump’s desk sooner than you can say “blockchain.” 💼
Greer, who’s all about making decentralized finance (DeFi) *less confusing*, thinks this speech is just another step toward making crypto a “real” thing in the U.S. But, let’s be real, we all know the *real* winner here is Bitcoin. 💰
In an email to crypto.news, Greer said:
“President Trump’s pro-innovation address at DAS is a clear sign that crypto is now a major force in finance. We should see a surge in Bitcoin confidence and a push for clearer regulations.”
Well, that’s one way to say “let’s get rich”!
And it’s not just Trump who’s making moves. The crypto world has seen some major wins lately. For example, the SEC has wrapped up investigations and dropped lawsuits against crypto giants like Coinbase, Gemini, and Kraken. It’s basically the *crypto party* everyone’s invited to now. 🎉
But the *real* game-changer? DeFi. Oh yes, earlier this month, the U.S. House of Representatives voted to scrap the IRS’s pesky broker rule, which basically forced DeFi protocols to snitch on their users. That’s a win, people! 🙌
his executive order for an SBR and, oh yes, the first-ever White House crypto summit. Talk about crypto-clout! His speech at the Digital Assets Summit just adds to his growing crypto portfolio. Next up? The Bitcoin Conference 2024 – where he’s going in person. (Hopefully, he remembers his private key! 😜)
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2025-03-20 22:27