Trump’s National Cyber Strategy Pledges Crypto and Blockchain Support for First Time

In recent years, the US government has incorporated digital assets into its financial and technology policies while tightening oversight in response to money laundering, anonymous transactions and cybersecurity risks. The Trump administration’s latest National Cyber Strategy is the first to identify cryptocurrencies and blockchain as technologies that must be protected and secured, extending their policy significance to national cybersecurity and competition in innovation.

The White House recently released the strategy, pledging to support the secure development of cryptocurrencies and blockchain while promoting secure technologies that preserve user privacy. It also leaves room for tighter oversight of crypto mixers and privacy coins, and flags the risk that quantum computing could break existing cryptography and threaten Bitcoin security.