This year’s Coinbase State of Crypto summit featured leading industry figures: Brian Armstrong (Coinbase CEO), David Sachs (White House crypto & AI czar), Jeremy Allaire (Circle co-founder & CEO), acting SEC Chair Caroline Pham, and SkyBridge Capital’s Anthony Scaramucci.

However, the most unexpected speech came from former President Donald J. Trump—delivered via pre-recorded message. It was only his second direct address to the crypto sector since assuming office.

Trump emphasized that his policy on digital assets is not complete. He recalled actions taken during his administration:

• discussing the creation of a U.S. Bitcoin reserve;

• appointing Paul Atkins as SEC Chair;

• forming a digital asset task force.

He criticized the Biden administration’s “war on crypto” and dubbed himself the “first crypto president.”

He also highlighted ongoing efforts to pass the GENIUS Act, which promotes dollar-backed stablecoins and sets clear market rules to ensure America’s leadership in crypto.

According to Crypto News Australia, the U.S. Senate recently voted 68–30 to advance the bill to a final vote.

Additional context highlights Trump’s mounting political scrutiny—ranging from budget debates and the TRUMP meme coin to a $45 million D.C. military parade and National Guard deployment to Los Angeles.

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