President Trump has been open about the goal. Both before, and since taking office, he has made it clear that he has big plans for cryptocurrency and artificial intelligence.
Before taking office, Trump stated to officials close to him that Plan to set cryptocurrency As a national priority, it involves forcing government agencies to work alongside industry experts in order to cultivate a space where cryptocurrency is allowed to flourish and enjoy a more visible place in the global economy than it already has.
On Thursday, Trump addressed the World Economic Forum in Davos, Switzerland virtually from Washington, among many other topics prominently addressing the country’s goals in AI and Crypto.
🇺🇸 JUST IN: President Donald Trump said in Davos that he will make the United States the “global capital of artificial intelligence and crypto.” pic.twitter.com/gegrm3agub
– Cointelegraph (@cointelgraph) January 23, 2025
“We will make the United States a manufacturing superpower, and the world capital of artificial intelligence and cryptography,” Trump declared.
Related to: President Trump will designate cryptocurrency as a national priority, according to a Bloomberg report
Previously, Trump spoke about Bitcoin on the campaign trail at the Bitcoin 2024 conference in July, vowing to make the United States “the crypto capital of the planet and the Bitcoin superpower of the world.”
The price of Bitcoin has continued to rise since Trump took office, reaching an all-time high of over $108,000 on the day of the inauguration and not falling below $100,000 since he took office again.
Just today, President Trump He signed the executive order Eliminate all AI policies in the Biden era.
The White House states that the result will strengthen America’s global AI dominance. Trump too Cancel Biden’s dangerous order stifles AI innovation and imposes onerous and unnecessary government control over AI development.
On Thursday, Trump called on departments and agencies to review or rescind all policies, directives, regulations, orders and other actions taken under Biden’s AI order that are not consistent with strengthening America’s leadership in artificial intelligence.
Michael Brawner is a senior sports analyst and contributing writer for Yellowhammer News. You can follow him on Twitter mbraunerwnsp And hear him every weekday morning from 6-9 a.m. on “The Beying Kickoff” on WNSP-FM 105.5, Available online for free.