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Trump at WEF: “U.S. the world capital of crypto and AI”
By Davide Grammatica
U.S. President Donald Trump confirmed in Davos the new goal of the U.S.: to become the “global crypto capital of AI”
Trump's words at the World Economic Forum
Everyone in Davos was waiting for him, and he finally arrived. Donald Trump also spoke at the World Economic Forum 2025, and he also addressed the topic of cryptocurrencies, analyzing the prospects of this industry under his administration.
His “America-first” approach applies to every political and social sphere, and it does not even spare cryptocurrencies. Indeed, it is this industry that will contribute to MAGA’s purpose, with the U.S. becoming, according to Trump, the new “crypto and AI capital of the world.”
“The United States has the largest amount of oil and gas of any country on Earth, and we will use it, “ Trump said Thursday. “This will not only reduce the cost of goods and services, but it will make the United States a manufacturing superpower, as well as the AI and crypto capital of the world.”
President Donald Trump tells World Economic Forum audience, “America will be the world capital of crypto” 🔥pic.twitter.com/Fc3GniYuEH
— BitcoinBanker (d/acc) (@BitcoinBanker42) January 23, 2025
BTC's reaction
These words, to some extent, are already preceded by actions. The World Liberty Financial project, even, was already in the air since last August, and today it aims to become a major player in the DeFi world.
There is no need, then, to recall what happened a few days ago, with the launch of the “presidential” memecoin $TRUMP, which turned the altcoin world upside down in just a few days, with record numbers.
“I don’t know much about it, other than the fact that I launched it,” Trump himself had said, in reference to his memeocin. ”I heard it was very successful, but I haven’t checked it out.”
Meanwhile, BTC seems to be reacting to the latest moves by Trump and his executive, in these hours with a slight rise above $105k. Also influential, in addition to Trump’s, were the words of Cynthia Lummis, now leading a Senate committee favorable to crypto development.
