Brian Armstrong said recent policy shifts warrant a renewed push in the U.S., and president's working group chief Hines said Trump is delivering on crypto promises.

Regardless of what you think about their products, there’s no denying that the onetime financial pariahs have come a long way. No White House in the past 15 years, including Trump 1.0, treated crypto as a legitimate industry, let alone one worthy of a fancy summit. But $130-million-plus in political action committee spending later, here we are.

President Donald Trump said Friday that he’s committed to making the U.S. a world leader in cryptocurrencies as industry leaders heaped praise on him for reversing what they said had been unfair attacks on digital assets by the previous administration.

The crypto world is hoping a White House summit on Friday will take it one step closer to getting what it wants from a GOP-led Washington.

After the announcement in December, several executives recalled looking him up to find he was a former college football player who had lost congressional races in North Carolina, but virtually nothing about bitcoin.

"History will enshrine the moment Donald Trump established the U.S. Strategic Bitcoin Reserve — a turning point in the financial and geopolitical landscape of the 21st century," said Strategy’s Michael Saylor.

President Trump signed an order late Thursday creating a cryptocurrency strategic reserve using bitcoin seized through court proceedings, directing officials to find "budget-neutral" ways to grow it.

President Donald Trump will convene the Crypto Summit, marking a notable shift toward proactive, collaborative policymaking in the crypto space.

President Trump blasted the Biden administration's handling of cryptocurrency and vowed to establish a crypto reserve.

About two dozen crypto executives are descending on Washington D.C. today to attend the first-ever White House crypto summit. President Donald Trump will host high-profile industry players, including Coinbase Global CEO Brian Armstrong,