President Trump views cryptocurrency as the future of finance and wants to ensure the US stays ahead, former US Deputy Special Envoy Ellie Cohanim says.
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00:00And finally, Donald Trump is actually holding the first crypto summit at the White House
00:06today. Tell us why this has become so important to the US president. He's sort of changed
00:13tone on crypto.
00:14Yeah, I think President Trump views crypto as the future of finance. I think he believes
00:21that this is a direction that the world is moving towards anyway. And so we don't want
00:27to leave the United States behind. And this is something that we're seeing from President
00:32Trump. You know, every angle is that he wants to make sure that American interests are always
00:37preserved. Right. And so that's that's what America First policy is all about. America
00:44First policy is always making sure that the American interest is secured and preserved.
00:50So so, you know, that's what we're seeing, I think, with crypto as well. And as long
00:55as there is a belief that this is important for the U.S. economy, I'm sure we're going
01:01to continue to see the Trump administration working on it.