blockworks.co
Attendees at Blockworks’ Digital Asset Summit looked on as Donald Trump became the first sitting president to address a crypto conference.
In recorded remarks shown Thursday on the main screen at New York City’s North Javits, Trump vowed that the US would “dominate crypto and the next generation of financial technologies.”
The president highlighted crypto industry leaders gathering at the White House earlier this month and his executive order focused on creating a strategic bitcoin reserve and a digital asset stockpile.
He labeled the so-called Operation Chokepoint 2.0 as “a form of lawfare through government weaponization” that “went beyond regulation.”
The SEC in recent weeks has dismissed cases against — and ended probes into — various crypto industry players. Ripple Labs CEO Brad Garlinghouse shared on the DAS stage Wednesday that the agency planned to drop its appeal against Ripple.