President Trump Urges U.S. to Engage with Bitcoin as Wall Street and Trillion-Dollar Firms Show Interest

President Donald Trump has emphasized the importance of Bitcoin and cryptocurrencies, warning that if the U.S. does not engage with these digital assets, ‘China will do it.’ This statement comes as the White House’s Digital Asset Chief asserts that Wall Street is ready to adopt Bitcoin, with traditional finance (TradFi) companies ‘banging down the door’ to show significant interest. The White House has further indicated that trillion-dollar traditional finance firms are moving into the Bitcoin and crypto space, signaling a new wave of institutional adoption. This development is seen as a significant shift in the integration of digital assets into mainstream finance. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant