Although the ending is a bit dramatic, it is not very bad in general. First, the US president determined the status of #Bitcoin's strategic reserves, and secondly, it also determined that the US would establish cryptocurrency reserves and use confiscated assets as its main source. Secondly, it denies the previous supervision of cryptocurrencies. In general, it is inevitable that cryptocurrencies will be more relaxed after Trump ascends the throne.
Then Trump also stated that the Treasury and the Ministry of Commerce are still exploring new ways to increase the number of Bitcoin reserves, and repeatedly mentioned that the United States will become a major country in BTC and cryptocurrencies. Therefore, judging from the accusation, the United States is unquestionable to cryptocurrencies, and officially ended the "Suffocation Action" 2.0 in the Biden era!
The Finance Minister expressed his research on the stablecoin system as expected.  It also said it will continue to maintain the US dollar as the dominant reserve currency and will use stablecoins to achieve this goal. Stablecoins are bound to be an important part of the US cryptocurrency strategy.
"Never sell your Bitcoin" Donald Trump, the 47th President of the United States.
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