President Donald Trump has once again reiterated his support for cryptocurrency, linking his position to a broader strategic effort to counter China’s influence in emerging technologies.
“I’m a big fan of crypto because I want to keep it away from China,” Trump said Sunday evening, as he returned to the White House from Palm Beach, Florida, where he hosted the Republican National Committee’s Spring Gala.
“Crypto is a whole new thing that started, you know not so long ago,” he added. “But I’m very much in favor of crypto because otherwise China is going to take it over and just like AI, just like to many other industries, whatever you want to call them, crypto is very important.”
The remarks come amid growing scrutiny from Democrats over members of Trump’s inner circle who are financially involved in crypto ventures that could benefit from his policy decisions.
Trump has recently unveiled a Bitcoin reserve strategy at the White House Crypto Summit, marking a significant shift in U.S. crypto policy.
Read also
Trump’s Day In Office: December 18, 2025
11:00 AM President Trump receives his Intelligence Briefing 1:30 PM President Trump signs an Executive Order 4:15 PM President Trump participates in a Christmas Reception 6:00 PM President Trump signs the National Defense Authorization Act 8:15 PM President Trump and the First Lady participate in a Christmas Reception
EXIM Chairman Jovanovic: Trump’s Economic Agenda Is the Most Transformational of Our Time
For John Jovanovic, the moment that would culminate in an Oval Office swearing-in as chairman of the Export-Import Bank did not begin with ceremony. It began the night before, with memory of the foundational moments of childhood and the people who made his journey possible. “I was overwhelmed with a feeling of gratitude I’ve never…
Trump’s Day In Office: December 15, 2025
3:00 PM President Trump participates in a Mexican Border Defense Medal Presentation 4:15 PM President Trump participates in a Christmas Reception 8:15 PM President Trump participates in a Christmas Reception