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The Defiant 2025-03-20 15:35:15

Trump Calls for Stablecoin Legislation, Declares U.S. Bitcoin Superpower at Digital Asset Summit

President Donald Trump has addressed the Digital Asset Summit in New York City via a pre-recorded video at 10:40 AM ET, marking the first time a sitting U.S. President has spoken at a cryptocurrency conference. In his speech, Trump emphasized the U.S. intention to become the 'Bitcoin superpower and crypto capital of the world.' Trump's remarks included a call for Congress to pass 'landmark' stablecoin legislation, advocating for 'simple, common-sense rules' to govern the market. He also mentioned the establishment of a Strategic Bitcoin Reserve, which he claims will maximize the value of U.S. holdings and prevent 'foolish selling.' To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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