Goodbye Gary Gensler – Donald Trump Vows to Overhaul SEC if Elected
28.07.2024 0:09 1 min. read Alexander Stefanov
The atmosphere at the Bitcoin conference is electric, especially following Donald Trump's statements about removing SEC Chair Gary Gensler, which were met with loud applause from the Bitcoin community.
Speaking at the Nashville Bitcoin conference, Trump declared that he would remove Gary Gensler and install a new SEC Chair on his first day in office.
He emphasized that once inaugurated, the persecution would end, and the weaponization against the Bitcoin industry would stop. Trump assured the audience that he would appoint an SEC chair who supports America’s future-building rather than obstructing it.
The former president also mentioned that if he wins the election, he plans to form a Bitcoin and Crypto presidential council to ensure transparency in the sector. He expressed confidence in the potential for a thriving industry.
READ MORE:
The US Will be The Crypto Capital of The Planet And The World’s Bitcoin Superpower – Donald Trump
Additionally, Trump discussed his plans for balancing electricity supply and demand. He stated that the country would construct power plants and utilize fossil fuels in an environmentally responsible manner.
He highlighted the importance of taking this step to prevent China and other nations from leading in this area. Trump concluded by saying that if crypto is to shape the future, it should be mined, minted, and made in the USA.
-
1
Animoca Brands Sees Revenue Growth While Cutting Costs with AI
05.03.2025 15:00 1 min. read -
2
Ark Invest Boosts Coinbase Holdings with $11.5 Million Purchase
11.03.2025 16:30 1 min. read -
3
Gold-Backed Stablecoins Challenge US Dollar’s Digital Dominance
23.03.2025 8:00 2 min. read -
4
Tether Moves to Boost Transparency with Full Audit Amid Growing Concerns
22.03.2025 18:00 2 min. read -
5
Trump Media Teams Up with Crypto.com to Launch Digital Asset ETFs
25.03.2025 14:20 2 min. read
Sony Singapore Begins Accepting Crypto with USDC Payments
Sony Singapore has made a move towards embracing cryptocurrency by introducing USDC payments on its official online store, utilizing Crypto.com’s payment service.
Binance’s CZ Cautions AI Developers Against Rushing Token Launches
Binance founder Changpeng Zhao (CZ), a key figure in the cryptocurrency world, recently shared his thoughts on artificial intelligence development through his X account, advising developers to be cautious when launching tokens.
South Korean Stores Begin CBDC Payment Trials with Special Discounts
7-Eleven stores in South Korea are set to embrace the country’s central bank digital currency (CBDC) as a payment option until June, participating in the ongoing national trial of digital currency.
Circle’s IPO Raises Doubts as Financial Challenges Surface
Circle’s recent move to file for an IPO has sparked skepticism among industry experts, who are raising questions about the company’s financial health and future prospects.
-
1
Animoca Brands Sees Revenue Growth While Cutting Costs with AI
05.03.2025 15:00 1 min. read -
2
Ark Invest Boosts Coinbase Holdings with $11.5 Million Purchase
11.03.2025 16:30 1 min. read -
3
Gold-Backed Stablecoins Challenge US Dollar’s Digital Dominance
23.03.2025 8:00 2 min. read -
4
Tether Moves to Boost Transparency with Full Audit Amid Growing Concerns
22.03.2025 18:00 2 min. read -
5
Trump Media Teams Up with Crypto.com to Launch Digital Asset ETFs
25.03.2025 14:20 2 min. read
