Trump's Bold Moves in Bitcoin Realm

At the Bitcoin 2024 conference in Nashville, Donald Trump promised to remove SEC Chair Gary Gensler 'on day one' and appoint a 'Bitcoin and crypto presidential council' if reelected, addressing a crowd of Bitcoiners.

On the final day of Bitcoin2024, Donald Trump claimed he will end Gary Gensler’s rule at the Securities and Exchange Commission (SEC), the notoriously anti-crypto government agency.“I will fire Gary Gensler on Day One,” he said to a resounding applause from conference attendees. “I didn’t know he was so disliked.”In a highly anticipated keynote speech with people clamoring on the streets when he arrived, Trump had plenty of words of praise for Bitcoin, and the need to make it an integral part..

Donald Trump, once a crypto skeptic, has changed his stance. He promises to fire the SEC chairman, establish a crypto advisory board, and retain the government's Bitcoin holdings if re-elected. Trump is trying to cash in on crypto collectibles (NFTs) and raise crypto donations for his campaign. The pro-cryptocurrency political action committee Fairshake has raised around $170 million. Investor legends like Marc Andreessen and Ben Horowitz have declared their support for Trump, as they are diss..