Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Here Are 10 Cryptocurrency Promises Donald Trump Says He Will Keep If Elected – First, He’ll Fire Gensler

Here Are 10 Cryptocurrency Promises Donald Trump Says He Will Keep If Elected – First, He’ll Fire Gensler

BitcoinsistemiBitcoinsistemi2024/11/07 06:33
By:Mete Demiralp

With the election of Donald Trump as the President of the United States, all eyes turned to the promises he made about the cryptocurrency industry.

Donald Trump, who was elected President with a significant margin in the US Presidential Elections that concluded today, has begun to be discussed for his cryptocurrency promises before his election.

Trump became the first person in US history to be elected President for a second non-consecutive term.

Donald Trump’s first promise is a truly ambitious one. Trump said that if elected, he aims to make the US the cryptocurrency capital of the world.

In addition, firing SEC Chairman Gary Gensler, who has caused a nightmare for the cryptocurrency market, is among the cryptocurrency promises of the new US President.

Interestingly, Trump gave a historic speech at the Bitcoin Conference he attended and promised to create a strategic Bitcoin reserve in the US. In addition, he assured that he would not sell the BTCs in the US that were seized in various incidents.

Related News Ripple Made a Statement After Donald Trump's Election as President - CEO Garlinghouse Demands 4 Matters from Trump

Trump will also halt ongoing central bank digital currency (CBDC) projects in the US, claiming they would constitute a privacy violation.

Trump also promised to develop a comprehensive cryptocurrency policy during his speech with cryptocurrency market sector representatives. In addition, he will end the hostile attitude shown by the US administration towards the cryptocurrency sector.

Donald Trump said that the United States could take steps to solve its growing debt, which has reached trillions of dollars, with cryptocurrencies.

Finally, Trump wants Ross Ulbricht, the founder of Silk Road, a former illegal marketplace that uses Bitcoin, to have his sentence reduced and his freedom granted.

*This is not investment advice.

 

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

US Company Announces Strategic Reserve Plan for Altcoin, Which Turks Are Focused On! Will It Be Enough to Increase the Price?

Arbitrum developer Offchain Labs has announced its strategic ARB token acquisition plan.

Bitcoinsistemi2025/03/11 21:22

Tron Founder Justin Sun Issues Ethereum (ETH) Warning! "Must Be Solved Urgently!"

Tron (TRX) founder Justin Sun has drawn attention to the problem of excessive leverage in the Ethereum ecosystem.

Bitcoinsistemi2025/03/11 21:11

Analyst Who Predicted the Last Crash Forecasts Where Bitcoin (BTC) Price Will Go Next

Markus Thielen from cryptocurrency analysis company 10X Research spoke about the Bitcoin price in his statement.

Bitcoinsistemi2025/03/11 21:11

BREAKING: SEC Delays Dogecoin Spot ETF Decision

Bitcoinsistemi2025/03/11 21:11