Speaking at the New York Economic Club, former US President Donald Trump said that he would make America the world capital for cryptocurrencies and Bitcoin.

The first big applause in Trump’s speech came after this statement.

Trump declared that his administration would eliminate ten old regulations for every new regulation created by the federal government: “Instead of attacking the industries of the future, we will embrace them, including making America the capital of Crypto and Bitcoin.”

*This is not investment advice.