Crypto: Donald Trump decides to fire Gary Gensler!
During the Bitcoin 2024 conference in Nashville, former US President Donald Trump made a resounding statement that captivated the attention of crypto enthusiasts. Trump promised to make Bitcoin a strategic reserve asset for the United States if re-elected and to fire Gary Gensler, the chairman of the SEC!
The USA, leader of the crypto industry?
Trump emphasized the growing importance of cryptocurrencies in the global economy and expressed his intention to position the United States as a leader in this field. “I am committed to establishing a strategic Bitcoin reserve for our nation,” he declared, eliciting enthusiastic applause from the audience. This initiative aims to strengthen the US’s position in the global crypto market and ensure some economic stability amid the fluctuations of traditional currencies.
In addition to this promise, Trump criticized the current administration for its lack of vision in financial technology. “We cannot afford to lag behind. Bitcoin represents the future, and we must be at the forefront of this revolution,” he asserted. Trump’s pro-Bitcoin stance could encourage other nations to adopt similar measures, thus influencing global economic policies.
Donald Trump wants to fire Gary Gensler!
Trump announced his intention to fire Gary Gensler, the chairman of the Securities and Exchange Commission (SEC), if he is elected president. The former president criticized Gensler for his allegedly hostile stance toward the crypto industry. “The moment I am inaugurated, the persecution will stop and the weaponization against your industry will end,” he declared. Donald Trump promised to appoint a new SEC chairman who would support innovation and growth in the US crypto industry.
Donald Trump’s speech at the Bitcoin 2024 conference marks a potential turning point in US economic policy. By promising to make Bitcoin a strategic reserve asset and committing to firing Gary Gensler, Trump not only captured the attention of crypto investors but also laid the groundwork for a new era of technological leadership for the United States.
