Trump says the U.S. is going to do ‘something great with crypto’
President-elect Donald Trump is handed a coat by trader Peter Giacchi, as he walks the floor of the New York Stock Exchange on Dec. 12, 2024.
Alex Brandon | AP
President-elect Donald Trump said the U.S. is going to become the global leader for cryptocurrency in his upcoming term.
“We’re gonna do something great with crypto because we don’t want China, or anybody else … but others are embracing it, and we want to be ahead,” Trump told CNBC’s Jim Cramer at the New York Stock Exchange on Thursday, responding to a question about a potential strategic bitcoin reserve.
Trump’s embrace of the crypto industry is a welcome pivot for digital currency investors from the stance of the current administration, which has a notoriously contentious…
