President Donald Trump called for the United States to become the world’s leading bitcoin nation during his speech at the America Business Forum in Miami on November 5, 2025.
Trump positions U.S. as bitcoin leader
Speaking to business leaders, Trump framed his administration as reversing federal hostility toward bitcoin, stating:
“I’ve also signed historic executive orders to end the federal government’s war on crypto. Crypto was under siege. It’s not under siege anymore.”
He emphasized the sector’s size and reach, noting that many top business figures are involved in bitcoin.
Trump also argued that the growth of digital assets eases pressure on the dollar and supports American financial strength.
Warning of global competition
Trump warned that if the U.S. does not act decisively, other nations could seize leadership in the bitcoin sector. He specifically pointed to China’s ambitions:
“And don’t forget, if we don’t do the crypto properly, China … China wants to do it. They’re starting it, but they want to do it. Other countries want to do it. If we don’t do it properly — it’s a big industry.”
Recent policy moves and legislation
While Trump’s remarks were largely about vision, his administration has taken concrete steps.
In 2025, the White House established a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile using coins from federal seizures, though there have been no direct government bitcoin purchases (details here).
Additionally, the GENIUS Act, signed on July 18, advanced stablecoin regulation, and broader digital asset legislation continues to progress in Congress.
Trump’s team has also formally rejected a central bank digital currency, positioning bitcoin policy as supportive of dollar primacy.
