At crypto summit, Trump vows to sign stablecoin legislation before August and end crypto debanking
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At crypto summit, Trump vows to sign stablecoin legislation before August and end crypto debanking
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President Donald Trump reaffirmed his support for stablecoin legislation at the White House Crypto Summit, urging lawmakers to pass a bill before the August recess. Trump criticized "Operation Choke Point 2.0," vowing to end crypto debanking.
Publish date
1:28pm, Friday, March 7, 2025
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White House crypto summit
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They [Biden administration] strong-armed banks into closing the accounts of crypto businesses and entrepreneurs, effectively blocking some money transfers to and from exchanges, and they weaponized government against the entire industry
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That executive order also establishes a U.S. Digital Asset Stockpile, which consists of digital assets other than bitcoin forfeited in criminal or civil proceedings
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