Since 2024, Trump has changed his earlier negative stance on cryptocurrencies like Bitcoin, continuously expressing support for crypto and making a series of commitments, such as making the U.S. the world capital of cryptocurrency and firing Gensler.
Written by Wu Says Blockchain
On November 6, Beijing time, Trump has effectively been elected as the 47th President of the United States. Since 2024, Trump has changed his earlier negative stance on cryptocurrencies like Bitcoin, continuously expressing support for crypto and making a series of commitments, such as making the U.S. the world capital of cryptocurrency and firing Gensler. Additionally, the Trump family recently launched the DEFI project World Liberty Financial, and Trump himself has received approximately $8 million in cryptocurrency donations through his political action committee. Below are ten new policy commitments he has made regarding cryptocurrency.
Make the U.S. the World Capital of Cryptocurrency
On September 6, Trump reiterated in a public speech at the New York Economic Club that if elected president again, he would make the U.S. the world capital of cryptocurrency, embracing "future industries" like cryptocurrency and artificial intelligence. In a one-hour speech, Trump outlined his plans for reforming the U.S. economy after re-election, including reducing regulations and promoting domestic energy production growth. Trump also stated that he would adopt Musk's suggestion to establish a government efficiency committee to audit federal government spending and identify waste, while accepting Musk's proposal to lead that committee.
Fire SEC Chairman Gensler
Establish a Strategic Bitcoin Reserve
Prevent the U.S. from Selling Its Bitcoin Holdings
Stop Further Development of CBDC by the U.S. Government
Propose Comprehensive Crypto Policies
At the Bitcoin conference on July 28, Trump stated that if elected in November, he would fire U.S. SEC Chairman Gary Gensler and prevent the U.S. from selling its Bitcoin holdings, establish a "strategic Bitcoin reserve," reduce the sentence of Silk Road founder Ross Ulbricht, and stop the U.S. government from further developing CBDC. Trump also expressed appreciation for the development of stablecoins in the U.S. and support for the Bitcoin mining industry.
Trump expressed a desire for Bitcoin to be mined, minted, and manufactured in the U.S., proposing comprehensive crypto policies covering everything from stablecoin regulation to Bitcoin self-custody rights. He stated that continued Democratic control of the White House would be a disaster for cryptocurrency, and he would appoint a Bitcoin and cryptocurrency advisory committee after taking office. He remarked that cryptocurrency is like the steel industry from 100 years ago, still in its infancy, and one day it could surpass gold.
For more details, read: Full Text of Trump's Bitcoin Conference: Bitcoin Could Surpass Gold, Ensuring the U.S. Becomes the Crypto Capital
Stop the Crackdown on Cryptocurrency Within One Hour of Taking Office
Trump stated at a fundraising event on June 8 that he would become the "crypto president," and the crackdown on cryptocurrency by Biden and Gensler would stop within one hour of his second administration taking office.
Terminate the Illegal Suppression of the Crypto Industry in the U.S.
On August 16, Trump announced that if he were re-elected president, he would appoint Cantor Fitzgerald CEO Howard Lutnick to lead the transition team. Cantor Fitzgerald has been the custodian of Tether since the end of 2021, and Lutnick is considered a supporter of cryptocurrency. Paradigm Vice President Alexander Grieve stated that Lutnick's involvement is significant for the crypto industry. Trump also promised to terminate the "illegal and un-American" suppression of the U.S. crypto industry.
Suggest Using Cryptocurrency to Solve the U.S. Debt Problem
On August 3, Trump suggested in an interview with Fox Business that cryptocurrency could be used to solve the U.S. debt problem, calling cryptocurrency "a very interesting thing," and hinted that the acceptance of Bitcoin in the U.S. could help address the $35 trillion U.S. national debt.
Reduce the Sentence of Silk Road Founder Ross Ulbricht
Trump promised at the Libertarian National Convention in Washington, D.C., that if he were re-elected president, he would reduce the sentence of Silk Road founder Ross Ulbricht on the first day. Before his speech that day, Trump praised the cryptocurrency industry on social media, emphasizing that the U.S. must maintain its leading position in this field, while President Biden hopes for the crypto industry to "slowly die," which he would never allow during his administration. Trump stated that he would stop Biden's actions against cryptocurrency, ensuring that the future of crypto and Bitcoin is built in the U.S. rather than being driven overseas. He promised to support users' self-custody rights, telling the 50 million crypto holders in the U.S.: "I will keep Elizabeth Warren and her minions away from your Bitcoin, and I will never allow the creation of a central bank digital currency."
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
