No, Trump Did Not Publish the Bitcoin Whitepaper in the Oval Office.

This week, a poorly rendered false movie of Donald Trump revealing the Oval Office’s Bitcoin whitepaper, which replaces the Declaration of Independence with Satoshi Nakamoto’s statement, has been popular on social media websites.

As Fox News number Laura Ingraham watches the doctored picture, Trump theatrically pulls up the curtains and shows a illustrated version of Cryptocurrency: A Peer-to-Peer Electronic Cash System.

You believe Joe Biden would do this? Trump grinnes and says,” I don’t think so.” Do you believe he also comprehends what it is?

Since then, the picture has been flagged as manipulated in X’s descriptive and community notes. The video was spliced from a new Fox News category where Trump displayed a copy of the Declaration of Independence from which he had moved to the Oval Office.

Artificial? Yes. However, Trump’s underlying assertion that he embraces bitcoin like no other president before him is getting more and more real.

Since taking office, Trump has vehemently adhered to his campaign promises to make the United States” the blockchain capital of the world.”

What started out as a promotion sideshow with family-backed key launches and Trump-branded NFTs has evolved into a radical policy change on digital assets.

Within weeks of his inauguration, Trump signed an executive order to establish a proper Bitcoin reserve, which set the stage for a fresh approach to blockchain from the U.S. government.

Following a string of highly publicized situations, the U.S. Securities and Exchange Commission has since halted enforcement actions against Kraken, ConsenSys, Immutable, and Crypto.com. Additionally, Crypto.com and Trump Media have partnered.

The velocity is building on Capitol Hill. A Biden-era IRS law that required decentralized financing platforms to gather and report user taxes data was overturned by the Senate on Wednesday, 70-28. &nbsp,

The current measure, which was criticized for its code-based, untraceable nature, was deemed “fundamentalally unworkable.”

Democratic lawmakers are now attempting to pass comprehensive policy to regulate online property industry and stablecoins.

House and Senate leaders expressed concern about the FIT21 business construction costs, which will establish stricter rules for crypto property, and the new bitcoin platform at this year’s Digital Chamber Blockchain Summit in Washington.

edited by Sebastian Sinclair