Trump Signs Crypto-Friendly Legislation to Curb Regulations and Boost U.S. Leadership

The White House issued a statement on July 28, 2025, confirming that Donald Trump has fulfilled his campaign promise to “make the future of crypto American.” The declaration centered on the passage of the GENIUS Act, which introduced a comprehensive regulatory framework for stablecoins and reinforced U.S. leadership in the global cryptocurrency market. The law, signed into effect by Trump, was described as a critical step in countering what he previously characterized as Joe Biden’s efforts to “crush crypto.” In a speech on May 26, 2024, Trump had vowed to halt restrictive policies on digital assets and ensure that the U.S. would lead the development of Bitcoin and other cryptocurrencies [1].

Alongside the legislative action, the White House announced a strategic framework designed to secure U.S. dominance in digital assets. The framework emphasizes fostering innovation in the crypto sector while maintaining regulatory oversight. This aligns with the broader narrative that Trump’s administration has prioritized expanding access to alternative financial tools and reducing barriers to investment. The White House also noted progress in artificial intelligence (AI) development through the U.S. Artificial Intelligence Action Plan, unveiled on December 12, 2024. This initiative is part of Trump’s broader vision to enhance American technological leadership and economic competitiveness [1].

The administration has also taken executive actions to support the cryptocurrency industry, including the repeal of the broker rule, which is expected to reduce regulatory burdens and promote market growth [3]. Furthermore, Trump signed executive orders aimed at expanding 401(k) investment options to include private equity, real estate, and cryptocurrencies, signaling a shift toward greater financial flexibility [4]. These actions, combined with a directive for political appointees to scrutinize federally funded projects for efficiency and national interest, reflect a policy approach focused on deregulation and fiscal responsibility [6].

Taken together, these initiatives have led the White House to assert that Trump has honored his campaign commitments, particularly in the areas of cryptocurrency and AI. The administration views these developments as essential to reestablishing American leadership in both financial innovation and technological advancement. The statement underscores a policy direction that prioritizes market-driven growth, regulatory clarity, and strategic alignment with national economic goals [1].

Sources:

[1] "White House Issues Statement on Cryptocurrency: Declares Donald Trump Has Kept His Promise" (https://en.bitcoinsistemi.com/white-house-issues-statement-on-cryptocurrency-declares-donald-trump-has-kept-his-promise/)

[3] "Six months of crypto policy: The good, the bad, and..." (https://www.coincenter.org/six-months-of-crypto-policy-the-good-the-bad-and-the-lingering-questions/)

[4] "Signs EOs On 'Debanking', 401(k)s—Live Updates" (https://www.newsweek.com/trumps-latest-executive-orders-live-updates-president-sign-new-directives-law-2110273)

[6] "Trump to order political appointees to vet all grants" (https://subscriber.politicopro.com/article/eenews/2025/08/07/trump-orders-political-appointees-to-vet-all-grants-00497790)