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What awaits the crypto world with Trump: what were the promises?

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Donald Trump is returning to the White House after a 4-year hiatus. Trump, who surprisingly defeated Hillary Clinton to become president in 2016, but lost to Joe Biden in 2020, this time sent home Kamala Harris, who entered the race instead of Biden!

Donald Trump, who some time ago clearly expressed his opposition to crypto and likened cryptocurrencies to pet toys, will now work to make the US the center and “capital” of Bitcoin.

Donald Trump, who surprisingly changed his mind about cryptocurrencies last year and met with a range of industry figures from mining companies to stock exchange managers, attended a bitcoin conference in Nashville in July. And say words that many people say can only be seen at once. the dream

So, what did Donald Trump promise the world of crypto and bitcoin over the past year? Let’s look at it item by item…

  • Working to ensure that all unallocated BTCs are mined in the US from now on (support for mining companies)
  • Creating Bitcoin Reserves
  • Ensuring that no more than 200,000 BTC held by the Ministry of Justice are sold.
  • Fire SEC Chairman Gary Gensler and thwart Elizabeth Warren’s “crypto attacks.”
  • Making clear and unambiguous regulation rules
  • Blocking the release of CBDC
  • Securing the release of Silk Road founder Ross Albrecht, who was sentenced to two life terms.

Border security, inflation and government spending…

On the other hand, there are few issues Trump cares about more than cryptocurrencies. In his speech yesterday, Trump again called attention to the importance of border security and promised to stop illegal immigrants from entering the country.

Trump says his second priority is the economy, reducing inflation and cutting government spending.

US government debt is at an all-time high of $35.8 trillion.

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