Trump reaffirms plans to do ‘something great with crypto’ under new administration

Donald Trump signaled plans for crypto reserve during remarks to Jim Cramer at the New York Stock Exchange. He indicated a goal to position the United States ahead of other nations, naming China as a point of reference. He described the need for substantial power generation to support related infrastructure and mentioned Lee Zeldin as overseeing environmental approvals.

He said,

“We’re going to do something great with crypto because we don’t want China or anybody else, and not just China, but others are embracing it. And we want to be the head.”