At a first-of-its-kind crypto summit at the White House, President Donald Trump pledged to make U.S. the global leader in Bitcoin (CRYPTO: BTC) and digital assets, signaling his administration's full embrace of the cryptocurrency industry.

Donald Trump told the crypto world on Friday that he would continue giving it what it wants. “I promised to make America the Bitcoin superpower of the world and the crypto capital of the planet. And we're taking historic action to deliver on that promise,

At the first-ever White House crypto summit, President Donald Trump reassured cryptocurrency industry leaders that his administration would work to help legitimize the burgeoning financial system after reluctance under the previous administration.