Donald Trump pledges to support the crypto industry by firing SEC Chair Gary Gensler and positioning the US as a crypto leader if elected.
Points
- Trump commits to firing SEC Chair Gary Gensler.
- Plans to make the US the leading crypto capital.
- Rebrands as a pro-crypto candidate.
In a bold statement at the Bitcoin 2024 conference, US presidential candidate Donald Trump vowed to fire Gary Gensler, the current SEC Chair, on his first day in office. This move is part of his strategy to bolster the crypto industry and transform the US into the world’s leading crypto capital.
“On day one, I will fire Gary Gensler and appoint a new SEC chairman. I didn’t know he was that unpopular,” Trump stated. He also compared the potential of the Bitcoin community to the early days of the steel industry, praising the community’s spirit and technological marvel.
Trump’s newfound support for the crypto industry marks a significant shift from his previous skepticism. He has rebranded himself as a pro-crypto candidate, advocating for US leadership in the crypto sector and calling for the country to dominate Bitcoin mining.