Trump Reiterates Resolve To Make US The ‘Crypto Capital’: Critic Labels Idea Of Bitcoin Reserve Legislation ‘Absurd’

President Donald Trump reiterated his administration’s resolve to make the U.S. the “cryptocurrency capital of the world” on Wednesday.

What happened: During the Future Investment Initiative Institute conference in Miami, Trump specifically talked about the record highs clocked by Bitcoin (CRYPTO: BTC) after his election victory.

“Bitcoin has set multiple all-time highs because everyone knows I’m committed to making America the crypto capital,” Trump stated. “We want to stay at the forefront of everything, and one of them is cryptocurrency.”

See Also: US Could Sell Its Gold To Set Up Potential Bitcoin Reserve, Says Bernstein: Will It …

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