Trump said he would fire the chairman of the U.S. Securities and Exchange Commission (SEC) if he returns to the White House and choose a cryptocurrency-friendly regulator to attract virtual currency fans and capitalize on the industry\’s growing influence in the political arena. .
On Saturday, local time, Trump said at a Bitcoin conference in Nashville: I am working on a plan this afternoon to make the United States the global cryptocurrency capital and the world’s Bitcoin superpower. We will achieve this. Target.
Trump gave a keynote address at the Bitcoin 2024 conference in Nashville on July 27. When Trump said he would fire SEC Chairman Gary Gensler, the crowd cheered loudly.
Gensler\’s term ends in 2026.
If Trump wins the election, it will have a major impact on the top regulatory body of the virtual currency industry.
\”We will have regulations. But from now on, the rules will be made by people who love this industry, not people who hate it,\” Trump said.
He also promised to establish a presidential advisory committee for the cryptocurrency industry, create a stablecoin framework, and called for scaling back law enforcement.
Zachary Bradford, co-founder and CEO of Bitcoin miner Cleanspark, called Trump’s speech a historic moment.
Trump has mentioned Bitcoin miners many times and said that the United States will become the undisputed Bitcoin mining power in the world.
Trump said that if he is elected, he will fire the SEC chairman and find people who love cryptocurrency to supervise it.
Trump said he would fire the chairman of the U.S. Securities and Exchange Commission (SEC) and choose a cryptocurrency-friendly regulator if he returns to the White House, seeking to attract virtual currency fans and capitalize on the industry\’s growing influence in the political arena.
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