Thursday, November 12, 2026

Trump Says He ‘Saved’ Crypto, But Did Bitcoin, Ethereum, XRP Actually Benefit?

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President Trump on Wednesday posted on Reality Social that he saved the American crypto {industry} from Gary Gensler’s “Anti-Crypto Military,” declaring America is now the “Crypto Capital of the World.”

What Trump Actually Did For Crypto Since Taking Workplace

The coverage document backs him up on a number of fronts.

Trump signed the GENIUS Act in July 2025, creating the primary federal stablecoin framework with full greenback backing and annual audits—it passed the Senate 68-30 after Trump personally known as holdout senators. 

Earlier that very same yr, he signed an government order establishing a Strategic Bitcoin Reserve utilizing roughly 200,000 Bitcoin from authorities seizures price about $17 billion. 

Past laws, he appointed pro-industry officers on the SEC and CFTC and is at the moment pushing the CLARITY Act by Congress earlier than the August recess.

His posts moved markets too.