Chainlink (LINK) creator Sergey Nazarov says that the Trump Administration’s recent embrace of digital assets could be what the US needs to cement its global financial dominance.
Speaking at the first ever White House Crypto Summit in Washington, D.C. with other industry leaders, Nazarov says he’s grateful for President Trump’s circle of experts finally taking the industry seriously after years of anti-crypto regulation.
Addressing Trump, Nazarov says,
“I just want to express my deep gratitude for the seriousness with which you are approaching our industry and how you’re actually helping guide it in the right direction. I work with many central banks in other countries and when I was working there I was wondering why, I, as an American citizen, can’t help the United States financial system reach this higher level that the world is on course toward generally, and so I’m very grateful that finally there’s been a new level of common sense and adoption of these ideas.
Me and the other people in this room do believe that the crypto, blockchain, and Web3 infrastructure is the next iteration of the financial system, and I think that the US should have its leadership position continue in that new financial system, and I’m very, very happy to see people like David Sacks, Secretary Bessent, Secretary Lutnick taking this very seriously with their time…
I’m just overjoyed to see this, and I think it’s a big part of how the US can continue its role in the global financial system.”
Trump says he believes it’s critical for the US to lead China and other competitors when it comes to crypto.
“I thought it was very important that we stay in the front of this one. This is a big one. As you know, China is pushing forward very strongly as usual, but we’re way in the lead as we are in AI (artificial intelligence) and other things, and we want to stay there, so I thought this was very important and we have some brilliant people sitting around this table.”
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