US President Donald Trump recently said at the Future Investment Initiative Institute (FII) conference held in Miami that Bitcoin has reached a record high, reflecting his commitment to making the US a "cryptocurrency capital". He emphasized, "One of the things we need to keep ahead of is cryptocurrency, and Miami seems to have become the center of this action

In addition, Trump criticized the SEC during the Biden administration in his speech, saying that it was too hostile to cryptocurrencies, and stressed that the war is now completely over.

They were very hostile towards cryptocurrencies until the end when they began to change their attitude, because there were so many people involved in Bitcoin and cryptocurrencies. At the very last moment, the SEC changed its position and began to become friendly

Trump believes that the current Congress will be the most supportive of cryptocurrency, which will help promote a more friendly regulatory environment.

Before he was elected President last year, Trump said that he planned to make the United States the "cryptocurrency capital of the world". After taking office, Trump has also shown support for cryptocurrency for many times, including appointing Paul Atkins, a former supervisor who supports cryptocurrency, to lead the Securities and Exchange Commission (SEC).

In addition, Trump also signed an executive order entitled "Strengthening the Leadership of the United States in Digital Financial Technology" in January this year, setting up a task force to develop a federal regulatory framework, and prohibiting the Central Bank's digital currency (CBDC).