It was revealed yesterday that US President Donald Trump will give a speech at the Digital Asset Summit (DAS) to be held in New York.
While Trump will not attend the conference in person, his remarks will be broadcast via pre-recorded video and will last five minutes.
This speech is important as it will be the first time a US President has spoken at a crypto-focused conference. As will be recalled, Trump also spoke as a candidate at the Bitcoin 2024 Conference before the presidential elections.
Trump said the following about cryptocurrencies in his speech:
“The US will dominate crypto and next-gen financial technologies.
Stablecoin laws should contain simple rules.
I urge Congress to pass stablecoin legislation.”
*This is not investment advice.