“Ignore it now, praise it late—
In the game of power, timing decides fate.”
Is crypto being sidelined or is Washington playing a bigger game behind the scenes? The most recent national security policy of the United States is garnering attention.
Although President Donald Trump has made it clear that the United States is at the forefront of cryptocurrency, neither blockchain nor cryptocurrency is mentioned in his recently published policy document.
Rather, it emphasises biotech, quantum computing, and artificial intelligence as top priorities for national power.
This silence follows Trump’s recent statement to CBS that he wants more Bitcoin mining to take place in the US and does not want China to be “number one in crypto”. Michael Ellis, the deputy director of the CIA, has stated that the United States must contend with competitors such as China in the field of cryptocurrency.
However, the plan document makes no explicit reference to cryptocurrency, raising concerns in the digital asset sector.
Analysts, however, pick up on a faint signal. According to one portion, “leadership in digital finance and innovation” will help the United States maintain its financial dominance.
For many, that might mean cryptocurrency and blockchain are incorporated but not specifically mentioned.
Trump’s administration has actively backed cryptocurrency this year, despite its absence. He established a crypto task force, outlawed a central bank digital currency, signed the stablecoin-focused GENIUS Act into law, and lessened regulatory pressure on the industry.
The government even maintains a Bitcoin reserve and is looking for innovative methods to increase it without increasing expenses.
You need to login in order to Like
Leave a comment