U.S. President Donald Trump took office earlier this year, and his 2024 election victory was at least partly attributable to voters taking to heart campaign promises about a cryptocurrency-friendly government.
So far, the Trump administration has indeed taken decisive pro-crypto steps, including signing executive orders repealing Biden-era policies, establishing a Presidential Working Group on Digital Asset Markets, and banning U.S. CBDCs. The government also helped push for the GENIUS Act, the first major federal crypto law to regulate stablecoins, and dropped several enforcement cases related to crypto companies.
Trump also established a Bitcoin Strategic Reserve, although his decision to fund the reserve with seized Bitcoin rather than newly purchased Bitcoin disappointed some.
What have you done for me lately?
However, digital assets and blockchain technology received zero mention in Trump’s latest national security strategy. Instead, artificial intelligence, biotechnology and quantum computing are seen as key to U.S. technological leadership.
“We want to ensure that American technology and American standards — especially in the areas of artificial intelligence, biotechnology and quantum computing — move the world forward,” the National Security Strategy statement released Friday said.
This omission may mean that President Trump and the entire American establishment remain unwilling to view cryptocurrencies as anything other than another financial asset, rather than something that can give the United States a strategic advantage.
Read: Trump’s Security Strategy: Impact on Bitcoin, Gold, Bond Yields