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Author: Admin | 2025-04-27
Of the action, come to think of it and maybe it'll stay there," he said.Miami has been dubbed "crypto city" as it has, in recent years, been welcoming crypto businesses. Crypto firms appear attracted to the city due to its low taxes.Miami Mayor Francis Suarez is also known for his embrace of cryptocurrency and is one of the early supporters of the emerging technology.It remains to be seen whether Miami will keep its throne as the "center" of crypto momentum or other cities across the country will also move toward more crypto-friendly policies and activities.Trump Hails the 'End' of the War on CryptoAside from specifically mentioning Miami in his speech, Trump also said the reason why he signed tech and crypto-focused executive orders was "to end Joe Biden's war on Bitcoin and crypto.""We ended that war totally. That war is over. They [the previous administration] were very hostile toward them until the very end just because there's so many people on Bitcoin and crypto," he added.JUST IN: 🇺🇸 President Trump said he signed executive orders "to end Joe Biden's war on Bitcoin and crypto.""We ended that war totally, that war is over." pic.twitter.com/mUs2uwTxqC— Bitcoin Magazine (@BitcoinMagazine) February 20, 2025He went on to note that "just before the end" of the so-called war on crypto, the Biden administration started to change its tone and "were being very nice."But he reminded the industry how "so many people were being indicted for no reason," referring to the multiple lawsuits filed against some prominent crypto firms under the Biden government.While crypto has been down in recent weeks amid geopolitical woes and the Trump trade war, but hopes remain high that the Trump presidency will bring in much-needed clarity on regulations, which could then build more trust with users and ultimately have positive effects on the market.
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