That guy simply doesn't care about anything (except his ego and money) that isn't related to his re-election. If banning bitcoin will help his campaign he will do it in a matter of seconds, otherwise he doesn't care.
Exactly! America has of one of the higher number of Bitcoin users, If not the highest, and prohibiting any Bitcoin related transactions won't help him If he planned to re -run on the November election.
Not to mention, It's too late for him to put restrictions on Bitcoin, because the country has already been established in terms of adoption, usage, and technological enhancement. If this guy planned to get rid of Bitcoin, he should've done it long time ago.
Responding to the discourse of a possible ban on Bitcoin ownership, many people say the most likely action is an aggressive step by the government in dealing with laundering crimes related to Bitcoin and other crypto assets.
Lastly, money laundering doesn't only happen in Bitcoin, but was done a long time ago before Bitcoin exist.
Not a good excuse.