This article outlines Donald Trump’s plan to establish a new presidential advisory council focused on Bitcoin and cryptocurrency regulation if he is re-elected in 2024.
Points
- Trump’s intention to form a new crypto advisory council.
- The council’s task to create transparent regulatory guidance within 100 days.
- Trump’s commitment to keeping Bitcoin jobs and businesses in America.
- Rejection of Central Bank Digital Currencies （CBDCs）.
Trump Plans to Form New Crypto Presidential Advisory Council
In a bold move at the Nashville Conference, former President Donald Trump declared his intention to establish a new presidential advisory council focused on Bitcoin and cryptocurrency regulation if he is re-elected in 2024. This announcement is part of Trump’s broader strategy to overhaul the current regulatory framework and position the United States as a global leader in digital assets.
This council will be tasked with designing transparent regulatory guidance within the first 100 days of his administration. Trump emphasized that the aim is to create a clear and supportive regulatory environment that encourages growth and prevents crypto-related jobs and businesses from leaving the United States due to unclear laws.
Trump asked the audience if anyone was interested in joining this advisory council, inviting them to raise their hands.
Trump’s Vision for Bitcoin in America
Trump emphasized that under his leadership, Bitcoin jobs and businesses would remain in America, unhindered by unclear laws. He also made it clear that Central Bank Digital Currencies （CBDCs） would have no place during his presidency. Criticizing the Biden administration for economic inflation and ignoring the Bitcoin community, Trump pledged to revive the American Dream.
Promising to transform the U.S. into a Bitcoin mining powerhouse, Trump vowed to reduce energy costs significantly. He also revealed that the federal government holds 2% of the global Bitcoin supply, advising everyone to never sell their Bitcoin. Trump assured that his administration would retain 100% of the Bitcoin it currently holds or will acquire in the future.
Conclusion
Trump’s plan to establish a new crypto presidential advisory council highlights his commitment to creating a supportive regulatory environment for the crypto industry. His vision to make the U.S. a global leader in Bitcoin mining and his rejection of CBDCs reflect a clear strategy to foster innovation and growth in the digital asset space.
解説
- Establishing a crypto presidential advisory council aims to provide clear regulatory guidance and support for the industry.
- Trump’s focus on keeping Bitcoin jobs and businesses in the U.S. aligns with his broader economic goals.
- The rejection of CBDCs indicates a commitment to supporting decentralized cryptocurrencies over centralized digital currencies.
- Trump’s energy policies aim to make the U.S. a leader in Bitcoin mining, leveraging the country’s natural resources to reduce costs and increase competitiveness.