Manhattan – American president Donald Trump again praised his good faith of the crypto at a conference on Thursday, telling an audience that it was an “honor” to be considered as a president of cryptography.
Speaking in a recorded video of 90 seconds at the top of the state of Coinbase cryptography (corner) (without relation to the Newsletter Coindesk in the same name), Trump reiterated the comments he made during other events to put an end to the so-called war of his predecessor on the crypto and to form a working group to examine digital assets.
Trump also referred to the legislation in terms of congress.
“My administration is working with governors to adopt the law on engineering supporting the creation of sustained stables of a dollar, and we will also work to create clear and simple market executives that will allow America to dominate the future of crypto and bitcoin,” he told a room full of dispersed applications.
The Senate engineering law will pass a procedural vote Thursday, following a successful effort on Wednesday. Meanwhile, two key committees in the Chamber advanced a bill on the structure of the market on Tuesday.
Trump also noted his decree on the creation of a national bitcoin
Reserve, saying: “We have created the American Bitcoin Strategic Reserve and the storage of digital assets from the United States”, although none of the two has yet been created.
Coinbase donated a million dollars to the Trump inaugural fund, and was an adult of Fairshake Super Pac in the 2024 elections. He has already hired tens of millions of dollars in Fairshake for the 2026 elections.
Following its remarks, CEO of Coinbase, Brian Armstrong and CEO of Circle (CRCL), Jeremy Allaire thought about crypto and the evolution of their respective business, arguing that the crypto could become a larger part of the global financial system.
Allaire, whose company made public to the New York Stock Exchange last week, said it was difficult for Circle to meet donors or other entities a decade ago.
“It was incredible for me that, like, I would literally walk in a room with an insurance company, [and] They were literally, as, we were not sure that we were allowed to have this meeting, “said Allaire.
