Compass Investments

– Highlights – President Donald Trump announced the creation of the Strategic Bitcoin Reserve, which will use bitcoin held by the government and promised not to sell it.

– Trump criticized Biden’s restrictive cryptocurrency policies, Operation Choke Point 2

– Trump criticized Biden’s restrictive cryptocurrency policies, Operation Choke Point 2 and supported reforms to the U.S. Securities and Exchange Commission that halted lawsuits against major exchanges.

– President Donald Trump announced sweeping changes to U.S. cryptocurrency policy, revealed plans for a strategic bitcoin reserve, and reversed restrictive measures imposed by the previous administration.

Trump vowed to end the government’s “cryptocurrency wars” and make the US a world leader in the field.

At a cryptocurrency summit at the White House, President Donald Trump criticized former President Joe Biden for his administration’s tough stance on regulating bitcoin and other digital assets. He criticized his administration’s tough stance on cryptocurrencies.

My administration is working to end the federal bureaucracy’s war on cryptocurrencies.

President Donald Trump accused the previous administration of loosening regulation solely for political gain before the election, saying his approach would provide the industry with a long-term perspective.

A key element of Trump’s policy change is the creation of the Bitcoin Strategic Reserve, which would be replenished with bitcoin already held by the federal government as a result of asset forfeiture.

Last year, I made America the world’s bitcoin superpower and promised to make it the crypto capital of the planet, and we are taking historic action to fulfill that promise, the US president said.

According to David Sachs, a cryptocurrency advisor to President Trump, the reserves will act as a store of value and the government will not sell the bitcoin it holds. Trump has promised not to sell the coins. In addition, Trump directed the Treasury and Commerce departments to explore ways to accumulate more bitcoins without burdening taxpayers.

Trump also noted that the Securities and Exchange Commission (SEC) has changed its aggressive stance towards cryptocurrency companies and under his leadership He emphasized the rapid policy changes under his leadership.