The Trump administration recently released the new version of the "National Security Strategy" report, but the document contains a thought-provoking blank: it makes no mention of cryptocurrency or blockchain.
As a guiding document for the Trump administration in budget allocation and core priorities, this report clearly states that America's "core and vital national interests" revolve around artificial intelligence (AI) and quantum computing:
We hope to ensure that America's technologies and standards—especially in the fields of AI, biotechnology, and quantum computing—can lead the world forward.
This omission stands in stark contrast to the public statements made by the Trump administration. Just last month, Trump stated in the CBS (60 Minutes) program that he does not want to "allow China to become number one in the cryptocurrency field," and he has publicly expressed a desire to relocate all Bitcoin mining activities to the United States.
Additionally, CIA Deputy Director Michael Ellis pointed out in May that cryptocurrencies are "another battleground in the technological competition among nations," and "we need to ensure that the United States is in a favorable position in this area to counter China and other adversaries."
Although the document does not explicitly name cryptocurrencies, there is a section of text that may imply concerns about the field. The report mentions that the Trump administration hopes to leverage America's "leadership position in digital finance and innovation" to solidify and expand the "dominance of the U.S. financial sector" to ensure market liquidity and security.
Although remaining silent in the national security strategy, the Trump administration has actively supported the cryptocurrency industry this year through actual policy actions, prompting more financial institutions to adopt cryptocurrencies.
In addition to signing the stablecoin regulation bill (GENIUS Act) into law, Trump has also ordered the establishment of a cryptocurrency working group, prohibited the Federal Reserve (Fed) from issuing central bank digital currency, and oversaw federal agencies abandoning many law enforcement actions related to cryptocurrencies.
Furthermore, the U.S. government has set up Bitcoin reserves and cryptocurrency inventories, primarily composed of digital assets acquired through seizures, and is exploring "budget-neutral" methods to acquire more cryptocurrencies.
"The Trump National Security Strategy Report focuses on AI and quantum computing, without mentioning cryptocurrencies or blockchain" This article was first published in (Blocktempo).
