{"id":918054,"date":"2026-07-07T11:14:25","date_gmt":"2026-07-07T16:14:25","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/07\/07\/trump-says-crypto-figures-lucky-as-us-fights-china-over-crypto-dominance\/"},"modified":"2026-07-07T11:14:25","modified_gmt":"2026-07-07T16:14:25","slug":"trump-says-crypto-figures-lucky-as-us-fights-china-over-crypto-dominance","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/07\/07\/trump-says-crypto-figures-lucky-as-us-fights-china-over-crypto-dominance\/","title":{"rendered":"Trump Says Crypto Figures \u2018Lucky\u2019 as US Fights China Over Crypto Dominance"},"content":{"rendered":"<div role=\"main\" id=\"main-content-row\">\n<article id=\"the-post\" data-post-url=\"https:\/\/coinpedia.org\/news\/trump-says-crypto-figures-lucky-as-us-fights-china-over-crypto-dominance\/\" data-post-title=\"Trump Says Crypto Figures \u2018Lucky\u2019 as US Fights China Over Crypto Dominance\" data-post-edit=\"https:\/\/coinpedia.org\/wp-admin\/post.php?post=573100&#038;action=edit\">\n<div>\n<figure><img onerror=\"this.onerror=null;this.removeAttribute('srcset');this.removeAttribute('sizes');this.removeAttribute('srcset');this.removeAttribute('data-sizes');this.src='https:\/\/image.coinpedia.org\/wp-content\/uploads\/2025\/05\/31122324\/crypto-news.webp';\" width=\"1200\" height=\"628\" alt=\"A composite image of Donald Trump and Xi Jinping facing each other, set against a background of the U.S. Capitol, the Shanghai skyline, and the American and Chinese flags\" data-main-img=\"1\" decoding=\"async\" fetchpriority=\"high\"  ><\/figure>\n<\/div>\n<div>\n<p>US President Donald Trump has affirmed his support for crypto figures and the industry at large, saying the country is working to outpace China in crypto developments.<\/p>\n<h2 id=\"h-trump-says-the-crypto-industry-is-lucky-that-he-is-president\">Trump says the crypto industry is \u201clucky\u201d that he is president<\/h2>\n<p>In a July 6 statement at the White House Oval Office, Trump blamed the Biden administration for its \u201conslaught\u201d against the industry. He added that the former rule was \u201cweaponizing the government\u201d and \u201cputting great people in jail\u201d. In reference to the crypto players pardoned during his reign, he <a href=\"https:\/\/x.com\/TedWilcox7\/status\/2074180610139074974\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">said<\/a>:<\/p>\n<p>\u201cYou\u2019re lucky I\u2019m president.\u201d<\/p>\n<p>On this note, crypto personas pardoned during Trump\u2019s reign include Silk Road Creator Ross Ulbricht, Binance Founder Changpeng Zhao and the BitMEX executive team, which includes Arthur Hayes. This presidential clemency brings to mind the <a href=\"https:\/\/coinpedia.org\/news\/clarity-act-news-july-goal-missed-but-august-deadline-keeps-crypto-bill-alive\/\" target=\"_blank\" rel=\"noreferrer noopener\">proposed CLARITY Act<\/a>, which shields non-custodial crypto developers from being treated as financial intermediaries.<\/p>\n<div>\n<p><a href=\"https:\/\/www.google.com\/preferences\/source?q=coinpedia.org\" target=\"_blank\" rel=\"noopener nofollow\"><img src=\"https:\/\/image.coinpedia.org\/static\/common\/trusted-google-coinpedia.webp\" alt=\"Add Coinpedia as a trusted source in Google News\" loading=\"lazy\" decoding=\"async\" data-old-src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%200%200'%3E%3C\/svg%3E\" data-lazy-src=\"https:\/\/image.coinpedia.org\/static\/common\/trusted-google-coinpedia.webp\"><\/a><\/p>\n<\/div>\n<p>That said, others, such as FTX Founder Sam Bankman-Fried and Tornado Cash developers Roman Storm and Roman Semenov, remain unexonerated. Both have massive evidence linking them to theft, embezzlement, and money laundering. Any administration willing to pardon such crimes would put its reputation in jeopardy.<\/p>\n<h2 id=\"h-critics-find-presidential-support-ironic\">Critics find Presidential support ironic<\/h2>\n<p>Trump\u2019s statements today align with the mission of the White House Crypto Task Force: to make the US the global crypto capital.<\/p>\n<p>Nonetheless, critics note the irony of his statements after <a href=\"https:\/\/coinpedia.org\/news\/nearly-1-million-trump-coin-investors-lost-3-8-billion-while-trump-made-1-4-billion\/\" target=\"_blank\" rel=\"noreferrer noopener\">recent reports revealed<\/a> that the Trump family bagged $1.4 billion in profits from crypto affairs. In his statement today, Trump partially deflected responsibility for his children\u2019s crypto endeavors, saying he did not interfere in their activities.\u00a0<\/p>\n<figure><\/figure>\n<p>Meanwhile, defenders see today\u2019s address as a legitimate policy support for innovation.<\/p>\n<\/div>\n<section>\n<div>\n<h3>Was this writing helpful?<\/h3>\n<ul data-post-id=\"573100\">\n<li> <\/li>\n<li> <\/li>\n<\/ul>\n<\/div>\n<p>Story Ends Here<\/p>\n<div>\n<h3>Trust with CoinPedia:<\/h3>\n<p>CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto &#038; blockchain, right from startups to industry majors.<\/p>\n<h3>Investment Disclaimer:<\/h3>\n<p>All opinions and insights shared represent the author&#8217;s own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.<\/p>\n<h3>Sponsored and Advertisements:<\/h3>\n<p>Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.<\/p>\n<\/div>\n<p>Read the Next News<\/p>\n<\/section>\n<\/div>\n<p><a href=\"https:\/\/coinpedia.org\/news\/trump-says-crypto-figures-lucky-as-us-fights-china-over-crypto-dominance\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Steve Muchoki<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US President Donald Trump has affirmed his support for crypto figures and the industry at large, saying the country is working to outpace China in crypto developments. Trump says the crypto industry is \u201clucky\u201d that he is president In a July 6 statement at the White House Oval Office, Trump blamed the Biden administration for<\/p>\n","protected":false},"author":1,"featured_media":918055,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22791,4],"tags":[],"class_list":["post-918054","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","category-trump"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/918054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=918054"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/918054\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/918055"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=918054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=918054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=918054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}