Trump demands US leadership in crypto at Davos
President Donald Trump assured participants in the virtual address that the U.S. remains committed to emerging technologies such as cryptocurrency and artificial intelligence during his address to the 2025 World Economic Forum in Davos. The president wants America to be “the world capital of AI and crypto” as a way to cement U.S. leadership in those critical areas. Blockchain innovation was highlighted in his speech as one of the keys toward economic growth and maintaining global influence.
Trump Urges Economic Partnerships
Aside from the tech aspect, Trump called for a $1 trillion Saudi investment to help the U.S. economy in general and innovate globally. He further called for lower interest rates, showing that his administration will ensure a good environment for tech and economic advancement. This is in line with his general strategy of ensuring the U.S. remains competitive on the world stage.
Lummis to Lead New Senate Crypto Subcommittee
In Washington, Senator Cynthia Lummis was sworn in as the first chair of the Senate Banking Subcommittee on Digital Assets – a first in the history of digital asset policy in the U.S. The creation of the new subcommittee recognizes the rapidly emerging role that digital assets have begun to play in modern finance.
Lummis Advocates for Crypto Regulation
The well-known Bitcoin proponent has always spoken for the use of blockchain technology and digital currencies. In her new role, she promised to push bipartisan legislation that would finally create a clear and comprehensive regulatory framework for cryptocurrencies. Lummis noted the strategic importance of digital assets to U.S. financial stability and even floated the idea of establishing a national Bitcoin reserve to ensure the dollar’s status as the world’s leading reserve currency.
Promoting Consumer Protection and Innovation
The subcommittee will ensure that cryptocurrency innovation is done responsibly to protect consumers from fraud, while holding financial institutions accountable under relevant regulations. Lummis pointed out that it would be a collaborative process with lawmakers, industry leaders, and regulators toward a balanced situation that will ensure the advancement of technology without undermining consumer safety.
One Vison for Leadership
The efforts from the executive and legislature alike show a consistency of vision of the United States as a global leader in both digital assets and in blockchain technology. Trump’s pursuit of innovation with Lummis’ work on regulatory clarity marks a whole new era for proactive crypto policy.
These efforts place the U.S. to lead a next wave of technological advancement, with blockchain and digital assets at the lead of economic strategy.