US President Donald Trump has affirmed his support for crypto figures and the industry at large, saying the country is working to outpace China in crypto developments.

Trump says the crypto industry is “lucky” that he is president

In a July 6 statement at the White House Oval Office, Trump blamed the Biden administration for its “onslaught” against the industry. He added that the former rule was “weaponizing the government” and “putting great people in jail”. In reference to the crypto players pardoned during his reign, he said:

“You’re lucky I’m president.”

On this note, crypto personas pardoned during Trump’s reign include Silk Road Creator Ross Ulbricht, Binance Founder Changpeng Zhao and the BitMEX executive…