Trump, once a vocal Bitcoin critic, now talks of a national Bitcoin reserve if re-elected.
Trump aims to boost America’s crypto standing and plans to arrest SEC Chair Gary Gensler.
The speech at the Bitcoin Conference marked a shift in Trump’s stance on cryptocurrency.
In a pivot that has left many scratching their heads, former
President Donald Trump has declared that, if re-elected, he will establish a
national Bitcoin reserve. This declaration came during a speech at the recent
Bitcoin Conference in Nashville over the weekend, a gathering that has
traditionally been no friend to Trump, given his past disdain for the digital
currency. But it seems the times, and Trump’s views, are changing.
Trump’s previous pronouncements on Bitcoin have been anything but
complimentary. In 2019, he famously tweeted that he was “not a fan” of Bitcoin
and other cryptocurrencies, calling them “highly volatile and based on thin
air.” So, what’s behind this about-face? The answer lies in a familiar target
for Trump: China.
The China Angle: Trump’s Crypto Confrontation
Trump’s newfound enthusiasm for Bitcoin appears to be motivated by
a desire to counteract China’s growing influence in the world of digital
currency. At the Bitcoin Conference, he cited competition with China as a
primary reason for his proposal, arguing that America needs to build a
substantial Bitcoin reserve to maintain its competitive edge.
“If
we don't embrace crypto and bitcoin technology, China will, other countries
will. They'll dominate, and we cannot let China dominate,”
Trump
declared to a mixed reaction from the audience. He also said, “Never sell your bitcoin,” Trump said. “If
I am elected, it will be the policy of my administration, the United States of
America, to keep 100% of all the bitcoin the U.S. government currently holds or
acquires into the future.”
China has recently cracked down
on cryptocurrency and imposed strict controls
on capital movement across its borders. However, residents are still able to
trade currencies such as bitcoin on exchanges, and Chinese investors can open
overseas bank accounts to buy crypto assets.
Trump’s rhetoric underscores his longstanding strategy of
positioning China as a geopolitical rival, a theme that resonated throughout
his presidency and continues to be a central part of his political narrative.
Gary Gensler, SEC's Chair
In addition to his Bitcoin pledge, Trump made another startling
promise: to arrest Gary Gensler, the current Chair of the Securities and
Exchange Commission (SEC), if he returns to the White House. Gensler has been a
controversial figure in the crypto community, known for his stringent
regulatory stance on digital currencies. You can find our coverage of the SEC
Chair, here.
Arresting Gensler: Trump’s SEC Showdown
This bold claim was met with cheers from the crypto enthusiasts in
the crowd, who have long viewed Gensler as an obstacle to the industry’s
growth. However, the legality and feasibility of such a move remain highly
questionable and have sparked significant debate among legal experts.
A Strategy With Political Overtones
Trump’s sudden embrace of Bitcoin and his attack on Gensler are
seen by many as strategic moves to galvanize support from the tech-savvy and
libertarian-leaning segments of the electorate. By positioning himself as a
champion of cryptocurrency, Trump is tapping into a growing voter base that is
skeptical of government intervention and regulation.
Moreover, his focus on China and national security plays well with
his core supporters, who have consistently rallied behind his tough-on-China
rhetoric. By framing the establishment of a Bitcoin reserve as a patriotic and
strategic necessity, Trump is blending his new crypto policy with his broader
political themes.
Reactions and Implications
The reactions to Trump’s announcements have been mixed. Proponents
of cryptocurrency have largely welcomed the news, viewing it as a significant
step towards mainstream acceptance and integration of digital currencies.
Critics, however, remain skeptical, questioning Trump’s sincerity and the
practicalities of his proposals.
Financial experts have pointed out that creating a national
Bitcoin reserve would be a complex and unprecedented move, requiring
substantial changes in policy and significant investments. Additionally, the
potential arrest of an SEC Chair raises serious legal and constitutional
questions, which many believe are more bluster than actionable policy.
Regardless of the feasibility, Trump’s latest statements have
undeniably stirred the pot, injecting new energy and controversy into the
ongoing debate over the future of cryptocurrency in America. Whether this is a
genuine change of heart or a calculated political maneuver, one thing is clear:
Trump’s involvement in the crypto space is set to be as unpredictable and
headline-grabbing as his entire political career.
For more finance and finance-adjacent news, follow our Trending section.
In a pivot that has left many scratching their heads, former
President Donald Trump has declared that, if re-elected, he will establish a
national Bitcoin reserve. This declaration came during a speech at the recent
Bitcoin Conference in Nashville over the weekend, a gathering that has
traditionally been no friend to Trump, given his past disdain for the digital
currency. But it seems the times, and Trump’s views, are changing.
Trump’s previous pronouncements on Bitcoin have been anything but
complimentary. In 2019, he famously tweeted that he was “not a fan” of Bitcoin
and other cryptocurrencies, calling them “highly volatile and based on thin
air.” So, what’s behind this about-face? The answer lies in a familiar target
for Trump: China.
The China Angle: Trump’s Crypto Confrontation
Trump’s newfound enthusiasm for Bitcoin appears to be motivated by
a desire to counteract China’s growing influence in the world of digital
currency. At the Bitcoin Conference, he cited competition with China as a
primary reason for his proposal, arguing that America needs to build a
substantial Bitcoin reserve to maintain its competitive edge.
“If
we don't embrace crypto and bitcoin technology, China will, other countries
will. They'll dominate, and we cannot let China dominate,”
Trump
declared to a mixed reaction from the audience. He also said, “Never sell your bitcoin,” Trump said. “If
I am elected, it will be the policy of my administration, the United States of
America, to keep 100% of all the bitcoin the U.S. government currently holds or
acquires into the future.”
China has recently cracked down
on cryptocurrency and imposed strict controls
on capital movement across its borders. However, residents are still able to
trade currencies such as bitcoin on exchanges, and Chinese investors can open
overseas bank accounts to buy crypto assets.
Trump’s rhetoric underscores his longstanding strategy of
positioning China as a geopolitical rival, a theme that resonated throughout
his presidency and continues to be a central part of his political narrative.
Gary Gensler, SEC's Chair
In addition to his Bitcoin pledge, Trump made another startling
promise: to arrest Gary Gensler, the current Chair of the Securities and
Exchange Commission (SEC), if he returns to the White House. Gensler has been a
controversial figure in the crypto community, known for his stringent
regulatory stance on digital currencies. You can find our coverage of the SEC
Chair, here.
Arresting Gensler: Trump’s SEC Showdown
This bold claim was met with cheers from the crypto enthusiasts in
the crowd, who have long viewed Gensler as an obstacle to the industry’s
growth. However, the legality and feasibility of such a move remain highly
questionable and have sparked significant debate among legal experts.
A Strategy With Political Overtones
Trump’s sudden embrace of Bitcoin and his attack on Gensler are
seen by many as strategic moves to galvanize support from the tech-savvy and
libertarian-leaning segments of the electorate. By positioning himself as a
champion of cryptocurrency, Trump is tapping into a growing voter base that is
skeptical of government intervention and regulation.
Moreover, his focus on China and national security plays well with
his core supporters, who have consistently rallied behind his tough-on-China
rhetoric. By framing the establishment of a Bitcoin reserve as a patriotic and
strategic necessity, Trump is blending his new crypto policy with his broader
political themes.
Reactions and Implications
The reactions to Trump’s announcements have been mixed. Proponents
of cryptocurrency have largely welcomed the news, viewing it as a significant
step towards mainstream acceptance and integration of digital currencies.
Critics, however, remain skeptical, questioning Trump’s sincerity and the
practicalities of his proposals.
Financial experts have pointed out that creating a national
Bitcoin reserve would be a complex and unprecedented move, requiring
substantial changes in policy and significant investments. Additionally, the
potential arrest of an SEC Chair raises serious legal and constitutional
questions, which many believe are more bluster than actionable policy.
Regardless of the feasibility, Trump’s latest statements have
undeniably stirred the pot, injecting new energy and controversy into the
ongoing debate over the future of cryptocurrency in America. Whether this is a
genuine change of heart or a calculated political maneuver, one thing is clear:
Trump’s involvement in the crypto space is set to be as unpredictable and
headline-grabbing as his entire political career.
For more finance and finance-adjacent news, follow our Trending section.
Louis Parks has lived and worked in and around the Middle East for much of his professional career. He writes about the meeting of the tech and finance worlds.
Telegram’s Global Ambitions Hit a Wall as $500 Million in Bonds Freeze in Russia
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
