Trump Teases More Crypto Action in Prerecorded Coinbase Summit Address
- Trump delivered a pre-recorded message to Coinbase’s State of Crypto Summit, marking only his second direct address to the crypto sector as president.
- He emphasised his commitment to implementing crypto policies, including establishing a US Bitcoin reserve and passing stablecoin legislation through the GENIUS Act.
- Recent controversies including spending bill disputes, a military parade, and a public row with Elon Musk over SpaceX contracts have created market volatility.
- The crypto market is experiencing significant declines with Bitcoin, Ethereum and other major cryptocurrencies posting losses amid broader economic uncertainties.
This year’s Coinbase State of Crypto Summit was a packed event featuring…
