U.S. Embarks on Pro-Crypto Push to Become Global Digital Asset Leader

The U.S. government has signaled a major shift in its approach to cryptocurrency and blockchain technology, with Treasury Secretary Scott Bessent declaring the nation is entering a “golden age of crypto” under the Trump administration. This endorsement underscores a broader strategy to position the U.S. as a global leader in digital assets by promoting innovation, attracting investment, and fostering a business-friendly regulatory environment [1][2].

Bessent emphasized the transformative potential of blockchain technology, stating that the U.S. is actively exploring new opportunities in decentralized computing and digital payments. His remarks, repeated in late July and early August 2025, reflect a commitment to leveraging crypto for economic growth and financial inclusion. The Treasury Secretary urged entrepreneurs and firms to launch their projects and hire talent within the U.S., reinforcing the administration’s push to bring back domestic innovation and jobs [4].

This shift is supported by legislative action. In early July, President Donald Trump signed the GENIUS Act into law, which establishes a federal regulatory framework for digital currencies. The law is intended to streamline oversight, reduce uncertainty, and make the U.S. an attractive destination for blockchain businesses and global talent. The move is part of a broader vision to make the U.S. the “crypto capital of the planet,” as Trump has publicly stated [6].

Industry response has been encouraging. Several cryptocurrency firms have announced plans to return or expand their U.S. operations, citing improved regulatory clarity and a supportive policy environment. These developments suggest that the administration’s pro-crypto stance is already influencing business decisions and capital flows within the sector [4].

However, the crypto market has not been immune to broader economic fluctuations. In August 2025, digital assets experienced volatility, influenced by uncertainty around tariffs and macroeconomic conditions. While Bessent remains optimistic, the extent to which policy initiatives will translate into stable market performance remains to be seen [8].

The administration’s approach marks a strategic departure from previous years of cautious oversight, reflecting a more proactive stance on digital assets. By fostering innovation and creating a favorable legal framework, the U.S. is positioning itself to compete with other global players in the digital asset space. This effort aligns with a broader goal to maintain leadership in the evolving global economy [2].

Source: [1] Scott Bessent Says US Has Entered The 'Golden Age Of ... (https://www.msn.com/en-us/money/markets/scott-bessent-says-us-has-entered-the-golden-age-of-crypto-under-trump/ar-AA1JJqEQ)

[2] Scott Bessent declares Trump ushers in Crypto's 'Golden ... (https://www.thenews.com.pk/latest/1332693-scott-bessent-declares-trump-ushers-in-cryptos-golden-age-in-us)

[4] Crypto Companies Begin Returning to the US Amid ... (https://news.ssbcrack.com/crypto-companies-begin-returning-to-the-us-amid-friendly-regulatory-shift/)

[6] Trump vows to make US 'crypto capital of the planet,' signs ... (https://www.aol.com/trump-vows-us-crypto-capital-192659549.html)

[8] Tokenizing Wall Street: RWAs as blockchain's moonshot (https://crypto.news/tokenizing-wall-street-rwas-blockchains-moonshot/)