Cryptocurrency may have existed long before Donald Trump returned to the White House, but under his leadership, digital assets have gone from a fringe technology to a central pillar of U.S. economic strategy.
Unlike past administrations that approached crypto with caution—or outright dismissal—Trump has pushed for its integration into the national agenda, blending economic ambition with geopolitical competition.
While boosting the domestic economy remains his top priority, Trump recently revealed a more strategic motive for embracing crypto: staying ahead of China. “If we don’t lead in crypto, China will,” he said during a press appearance, underlining how digital currencies have become part of a broader global contest for financial influence.
Since taking office, Trump’s administration has launched several crypto-friendly initiatives, including the creation of a national Bitcoin reserve and crypto reserves in assets like XRP, ADA, and SOL.
The SEC, under recently replaced chair Mark Uyeda, also took a friendlier stance toward the industry, easing enforcement on crypto companies—a tone that may continue under Paul Atkins, who is set to lead a task force meeting on real-world assets later this month.
But Trump’s crypto play isn’t just about policy. It’s also become a tool for fundraising. In a show of how deeply his campaign is tied to the digital asset world, he’s holding private dinners where entry is granted to those holding significant amounts of his TRUMP-branded cryptocurrency. One event was held on May 5, with another planned for May 22.
Trump’s crypto strategy appears to fuse personal branding, national economic policy, and global rivalry—all in one ambitious push to reshape America’s digital future.
Circle, the issuer behind the USDC stablecoin, is preparing to go public, and sources say BlackRock is gearing up to take a significant piece of the action—possibly acquiring 10% of the offering.
Bybit is making a bold move into the European crypto market after securing regulatory approval under the EU’s MiCA framework.
Nvidia reported strong financial results for the first quarter of 2026 for the period ended April 27, 2025, which led to a 4.8% increase in its shares in after-hours trading.
Elon Musk has stepped down as head of the Department of Government Efficiency (DOGE), citing the difficulty of reducing federal spending and bureaucracy.