2 min read 
US President Donald Trump addressed the Digital Asset Summit (DAS) in New York City today at 11.03am, marking the first time a sitting US president has spoken at a cryptocurrency industry conference.
Trump outlined his administration’s new policies, including the establishment of a strategic Bitcoin reserve and regulatory reforms. He praised David Sacks, his administration’s newly appointed AI and crypto czar, calling him a “fantastic and very brilliant guy” leading efforts to integrate digital assets into national policy.
“That same week, I signed an order creating the brand new strategic Bitcoin Reserve and the US digital asset stockpile, which will allow the federal government to maximize the value of its holdings instead of foolishly selling them for a fraction of their long-term value,” Trump stated. “Which is exactly what Biden did – he got a fraction of their value.”
Urging Congress for a stablecoin regulation
The US president further announced an end to what he called a “regulatory war on crypto and Bitcoin,” emphasizing the need to dismantle policies he believes stifled growth and innovation in the sector.
Trump specifically criticized Operation Choke Point 2.0, a controversial initiative under the previous administration that he described as “a form of lawfare through government weaponization.”
Most notably, he called on Congress to pass comprehensive legislation to provide a clear regulatory framework for stablecoins and digital assets. The congress currently has two stablecoin coin bills – The GENIUS Act and the STABLE Bill. The Senate Committee has already passed the GENIUS act, and it’s awaiting congressional approval.
“With the right legal framework, institutions large and small will be liberated to invest, innovate, and take part in one of the most exciting technological revolutions in modern history,” Trump said.
Trump also highlighted the role of dollar-backed stablecoins in strengthening the US dollar’s global dominance, positioning America as the leading force in digital asset adoption.
“I can already see that the energy and passion of the crypto community is the kind of spirit that built our country, and it is exciting to watch as you invent the future of finance,” he concluded.
The Digital Asset Summit is an annual event that brings together institutional finance leaders to discuss the evolving role of digital assets. This year’s summit, organized by Blockworks, took place from 18-20 March 2025, at the Javits Center North in New York City.
President Trump’s participation reflects the growing significance of digital assets in national policy and the administration’s commitment to fostering innovation in the cryptocurrency space.
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