Washington, D.C. – Speaking at the 2025 Digital Asset Summit, former U.S. President Donald Trump delivered a fiery rebuke of “Operation Chokepoint 2.0,” labeling it as “lawless” and a blatant abuse of power. The operation, widely criticized by crypto advocates, was implemented under the previous administration and targeted certain sectors of the cryptocurrency industry through indirect regulatory pressure.

Trump emphasized that his administration is “ending the last administration's regulatory war on crypto and Bitcoin.” He assured attendees that this includes putting a stop to Operation Chokepoint 2.0, which he claimed went “far beyond” normal regulatory practices. He asserted that the initiative represented “lawfare through government weaponization,” where government agencies were used to attack lawful sectors under the guise of regulation.

“Frankly, it was a disgrace,” Trump stated bluntly, drawing strong applause from the crypto-friendly audience. His comments reflect a broader shift in political tone toward digital assets, especially among those advocating for reduced regulation and more innovation-friendly policies.

Operation Chokepoint 2.0 has been a lightning rod for controversy within the digital finance world. Critics argue it used financial institutions and federal agencies to restrict access to banking services for businesses involved with cryptocurrency, without due process or clear legislative guidance. Trump's remarks indicate that, if re-elected or influential in policy, he would take steps to roll back these measures and support the digital asset industry more aggressively.

The speech reinforced Trump’s positioning as a vocal ally of the cryptocurrency movement, promising to dismantle what he sees as government overreach and to create a more open environment for innovation in digital finance. As debates around regulation and financial freedom continue, Trump’s firm stance may shape the future of crypto policy in the United States.