U.S. Administration Will Work Toward ‘Clear and Simple’ Crypto Frameworks, Trump Says
MANHATTAN — U.S. President Donald Trump again touted his crypto bona fides at a conference Thursday, telling an audience it was an “honor” to be considered a crypto president.
Speaking in a 90-second recorded video at Coinbase’s (COIN) State of Crypto Summit (no relation to the CoinDesk newsletter with the same name), Trump reiterated comments he’s made at other events about ending his predecessor’s so-called war on crypto and forming a working group to examine digital assets.
Trump also referenced legislation working its way through Congress.
“My administration is working with governors to pass the GENIUS Act supporting the creation of dollar-backed stablecoins, and we also will be working to create clear and simple market frameworks…