Trump’s national cyber strategy commits to supporting cryptocurrencies and blockchain

Featured in:
abcd

Crypto industry executives are reviewing U.S. President Donald Trump’s National Cyber ​​Strategy after its release on Friday, looking for clues about what government support for the crypto industry might signal.

“Crypto and blockchain are clearly identified as technologies that need to be “protected and secured.” This is the first such strategy in the history of American cybersecurity,” Alex Thorn, head of company-wide research at Galaxy Digital he said in post X on Friday.

sadasda

Crypto and blockchain were mentioned once in a six-page report:

“We will build secure technologies and supply chains that protect user privacy from design to implementation, including supporting the security of cryptocurrencies and blockchain technologies.”

However, industry executives also interpreted other parts of the document to see how they related to cryptocurrencies.

Source: Mark Chadwick

Thorn pointed to the part where he pledged to “root out criminal infrastructure and deny financial exit and safe haven.” “This language could easily justify attacks on mixers, privacy coins, and unregulated descents,” he said.

Bitcoin VC notes that quantum has been taken ‘seriously’

Castle Island Ventures founder Nic Carter, who has recently been vocal about the threat that quantum computing poses to Bitcoin (BTC), pointed to a section stating that the government will “accelerate the modernization, defense, and resilience of federal IT systems by implementing best practices in cybersecurity, post-quantum cryptography, zero-trust architecture, and the transition to the cloud.”

“They seem to be taking quantum technology seriously. I’m sure there’s nothing to worry about,” Carter he said in post X.

It comes as the crypto industry continues to debate how close quantum computing is to a grave threat to Bitcoin. On February 15, Carter said that the major institutions that hold Bitcoin may eventually lose patience with Bitcoin’s creators for not addressing quantum computing issues quickly enough.

Trump is prioritizing the next generation

Trump said National Cyber ​​Security lays out his priorities for “ensuring America remains unrivaled in cyberspace.” The main topic of the report was artificial intelligence.

“We will secure the AI ​​technology stack – including our data centers – and promote AI security innovation,” it said.

Related: Community banks and the crypto industry ‘are allies’ in the CLARITY Act debate: Exec

Trump also stressed the importance of recruiting the next generation of cyber workers to “design and implement great cyber technologies and solutions.”

The United States typically publishes a national cybersecurity strategy for each administration, outlining the government’s priorities for emerging technologies.

Warehouse: The Bitcoin four-year cycle debate is over: Benjamin Cowen

Cointelegraph is committed to independent and see-through journalism. This news article has been produced in accordance with Cointelegraph’s Editorial Policy and is intended to provide right and up-to-date information. Readers are encouraged to verify the information themselves. Read our Editorial Policy https://cointelegraph.com/editorial-policy
abcd
sadasda

Find us on

Latest articles

Related articles

See more articles

Solana clients Anza and Firedancer launch Falcon post-quantum solution

Two of Solana's most widely used validation clients have deployed a test version of its fresh post-quantum...

Ethereum price falls below $2,350 and hopes for a...

Ethereum price began a novel decline and reached below $2,350. ETH is currently consolidating above $2,265 and...

Ether triple peak reaches 2.4 thousand. dollars, because ETH...

Ether (ETH) fell 3.4% to $2,287 on Monday, after its fourth rejection at $2,400 since April 14....

Ethereum Tracks Bitcoin’s Rise: Why a Rise to $3,400...

Ethereum is starting to mirror Bitcoin's bullish momentum, growing steadily as market confidence increases. After weeks of...

Price Predictions 4/27: SPX, DXY, BTC, ETH, XRP, BNB,...

Key points:Bitcoin continues to face resistance near $79,500, but the trajectory remains up as long as the...

Is Bitcoin becoming a strategic military asset? The US...

Is Bitcoin quietly evolving beyond finance into a national defense tool? This question is gaining popularity after...