Donald Trump Promotes Cryptocurrencies and Artificial Intelligence with New Policies

Last week, Donald Trump surprised financial markets by launching a cryptocurrency that generated billions of dollars within hours. On Tuesday, the former president also announced a collaboration with tech giants such as Oracle, OpenAI, and SoftBank to invest $500 billion in infrastructure for artificial intelligence development. Rounding off this series of initiatives, on Thursday, he signed two executive orders aimed at solidifying the United States’ leadership in the cryptocurrency and AI sectors.

Innovation in Cryptocurrencies and Blockchain Regulation

Trump emphasized the critical role that cryptocurrencies play in driving innovation and economic growth in the country. According to his order, his administration’s policy is to support the responsible development of blockchain technologies, promoting fair access to these systems for citizens and private enterprises. The order also establishes a task force to identify and eliminate outdated regulations and to develop a comprehensive regulatory framework for the sector within six months.

Among the guiding principles of the order is ensuring that citizens can access and use public blockchain networks, participate in activities such as mining, and maintain self-custody of their digital assets without undue restrictions. The order also seeks to encourage the use of stablecoins, cryptocurrencies backed by fiat currencies like the U.S. dollar.

However, Trump has taken a firm stance against central bank digital currencies (CBDCs), describing them as a threat to financial stability, individual privacy, and national sovereignty. The order explicitly prohibits the development, issuance, and use of CBDCs within the United States.

While Trump had promised the creation of a national bitcoin reserve during his campaign, this aspect was not included in the executive order, leading to disappointment within the crypto community and causing a slight drop in bitcoin’s value after the decree’s release.

Freedom for Artificial Intelligence

Alongside the cryptocurrency order, Trump signed a decree focused on artificial intelligence, removing several regulations imposed by his predecessor, Joe Biden. These rules, which required companies to share details about their most advanced AI models before releasing them to the public, were deemed by Trump as barriers to innovation.

The decree underscores the importance of maintaining American leadership in artificial intelligence by developing systems free from ideological biases or manipulated social agendas. Additionally, it sets a 180-day deadline to design an action plan that will help the United States strengthen its position as a global leader in AI.

A Vision for Deregulation

Both executive orders reflect Trump’s clear intention to promote a less restrictive environment for these emerging technologies. Rather than focusing on restrictions or oversight, the former president advocates for an approach that removes regulatory barriers, fostering innovation and economic growth.

Trump has justified these measures by asserting that they are essential to reinforcing the United States’ position as a technological powerhouse and securing a prosperous future for all its citizens.

The Future of Technological Innovation

Through these policies, Donald Trump reaffirms his commitment to disruptive technologies and their impact on the American economy. The executive orders on cryptocurrencies and artificial intelligence make it clear that his administration’s vision centers on innovation and deregulation, cementing the United States’ role as a global leader in these strategic areas.