Trump Goes All-In On Bitcoin, Vows US Will Dominate Crypto And AI

• Trump said the U.S. should become the global “crypto capital” and “Bitcoin superpower,” at the Future Investment Initiative, held in Miami, on Friday.
• He described Bitcoin as “very powerful” and highlighted growing adoption for payments.
• AI was highlighted as a major growth sector and top investment opportunity. 

At the 10th Future Investment Initiative (FII) event, held in Miami on Friday, U.S. President Donald Trump said that his government was working to make the U.S. the leader in the global cryptocurrency industry.

President Trump delivered the keynote speech at the event, in which he claimed the U.S. should become the "undisputed crypto capital and Bitcoin superpower of the world." He added that Bitcoin (BTC) was "very powerful" and that more people were becoming interested in using crypto to pay for goods and services. 

Trump said he had signed the GENIUS Act into law, which he called a framework for dollar-backed stablecoins. He said that the approach would help new ideas while warning against too many rules and regulations. The law, passed last year in July, established a regulatory framework for stablecoins.

"We don't want any rules or restrictions that don't make sense." Trump said, "We want free enterprise."

He also put crypto policy in the context of the U.S.'s overall financial leadership, saying that America became the world's financial capital because it was "the strongest and the freest nation on earth," and that his administration would keep that position as digital assets grew.

Bitcoin’s price was trading at $66,759, up by 1% over the past 24 hours. On Stocktwits, the retail sentiment around Bitcoin remained in the ‘extremely bearish’ territory, as chatter levels around it improved from ‘low’ to ‘normal’ over the past day.

AI Emerges As A Key Focus Alongside Crypto

Trump also highlighted artificial intelligence (AI) as a major priority, framing it as both a strategic competition and an economic opportunity. He said the U.S. must remain the global leader in AI and claimed the country is currently ahead of China in the sector.

He described AI as a driver of economic expansion, pointing to investment in domestic industries and technology infrastructure. Trump also suggested that AI is one of the most attractive areas for investment, citing strong demand for talent and rapid growth in the sector.

“We’re committed to ensuring the United States remains number one in artificial intelligence,” he said, adding that his administration would avoid policies that could slow development.

The Future Investment Initiative, launched by Saudi Arabia’s Public Investment Fund, is a global investment forum that brings together policymakers, business leaders, and investors. 

The Miami summit, held from Wednesday through Friday, was part of a series of international events. President Trump also attended the Future Investment Initiative last year in Riyadh, where he spoke about purpose-driven investments. 

Read also: Wave Of Insider Selling Adds Fuel To Bitcoin Rotation Theory

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