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Featured image for article: Trump Says Biden Was 'Vicious On Crypto' But He's Ended The 'War' On The Industry: 'It Was Terrible'

Trump Says Biden Was 'Vicious On Crypto' But He's Ended The 'War' On The Industry: 'It Was Terrible'

November 6, 2025Benzingageneral
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President Donald Trump reiterated his support for the cryptocurrency industry on Wednesday, adding that the asset class takes significant pressure off the dollar. Crypto Does A Lot Of Good Things, Says Trump At the America Business Forum in Miami, Trump stated that he had issued executive orders to cease the federal government's β€œWar on Crypto.

πŸ“‹ Article Summary

President Trump Praises Crypto, Declares End to "War on Crypto" In a surprising move, former President Donald Trump has voiced his support for the cryptocurrency industry, stating that the asset class takes significant pressure off the U.S. dollar. Speaking at the America Business Forum in Miami, Trump revealed that he had issued executive orders to cease the federal government's "War on Crypto," a welcome development for the crypto community. Trump's remarks come at a critical time for the digital asset industry, which has faced increasing regulatory scrutiny and uncertainty under the Biden administration. The former president's endorsement of cryptocurrencies, a marked shift from his previous skepticism, could signal a shift in the political landscape and provide a boost to the broader crypto ecosystem. According to Trump, cryptocurrencies "do a lot of good things" and he believes the industry's growth can positively impact the economy. This pro-crypto stance is a departure from the previous administration's more cautious approach, which had raised concerns about the potential risks associated with digital assets. The president's comments underscore the growing mainstream acceptance of cryptocurrencies and blockchain technology, which have gained traction in recent years as a viable alternative to traditional financial systems. As the crypto industry continues to evolve, investors and enthusiasts will be closely watching to see how the political landscape unfolds and how it might impact the future of digital assets.

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