US National Cyber Strategy Pledges Support For Crypto And Blockchain

Crypto industry executives are combing through US President Donald Trump’s National Cyber Strategy after it was released on Friday, searching for hints about what it could signal for government support of the crypto industry.

“Crypto and blockchain are explicitly named as technologies to be ‘protected and secured.’ This is a first for any US cybersecurity strategy,” Galaxy Digital’s head of firmwide research Alex Thorn said in an X post on Friday.

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

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

However, industry executives have also been interpreting other parts of the document to see how they relate to crypto.

Thorn pointed to a section pledging to “uproot criminal infrastructure and deny financial exit and safe haven.” “This language could easily justify crackdowns on mixers, privacy coins, and unregulated off-ramps,” he said.

Bitcoin VC points out that quantum has been taken “seriously”

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

“Sure seems like they’re taking quantum seriously. Nothing to worry about, I’m sure,” Carter said in an X post.

It comes as the crypto industry continues to debate about how close quantum computing is to being a serious threat to Bitcoin. On Feb. 15, Carter said that major Bitcoin-holding institutions may eventually lose patience with Bitcoin developers for not addressing quantum computing concerns quickly enough.

Trump points to the next generation as a priority

Trump said that the National Cyber Security outlines his priorities for “ensuring that America remains unrivaled in cyberspace.” Artificial intelligence was a key focus of the report.

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

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

Trump also emphasized the importance of recruiting the next generation of workers in the cyber workforce to “design and deploy exquisite cyber technologies and solutions.”

The US typically releases a national cybersecurity strategy every administration, outlining the government’s priorities for emerging technologies.

Magazine: The debate over Bitcoin’s four-year cycle is over: Benjamin Cowen