The US rises to become the global cryptocurrency hub under Trump's leadership

The White House recently announced that under the leadership of U.S. President Donald Trump, the United States has become the “cryptocurrency capital of the world.” According to Odaily, this statement was made in the context of the U.S. government intensifying its strategy to develop the digital finance sector and blockchain technology.

The new Chair of the U.S. Commodity Futures Trading Commission (CFTC), Mike Selig, stated that there is no better place than the “cryptocurrency capital of the world” to start a business and innovate. He emphasized that the U.S. is creating the most favorable environment for blockchain and cryptocurrency companies to grow.

Currently, the CFTC is modernizing its regulatory system and legal framework to ensure that the future of cryptocurrency and on-chain finance will be built with a “Made in America” approach, strengthening America's leading role in the global financial technology race.