Donald Trump has unveiled an ambitious 11-point plan to transform the cryptocurrency landscape in the U.S. From firing SEC Chairman Gary Gensler on Day One to building a ‘National Bitcoin Reserve’ and positioning the U.S. as a global crypto hub, Trump’s vision has crypto enthusiasts buzzing.
📈 Key Pledges:
1. Remove regulatory barriers, like ending SEC crackdowns.
2. Abolish capital gains tax on Bitcoin—could this incentivize mass adoption?
3. Support domestic Bitcoin mining to solidify U.S. leadership.
4. Form a presidential crypto advisory committee.
5. Uphold the right to self-custody of digital assets.
6. Oppose government-issued CBDCs to promote decentralization.
🔥 Some promises, such as regulatory shifts and forming advisory bodies, may be achievable through executive orders. But will the grander ideas, like abolishing capital gains tax and creating a national Bitcoin reserve, survive Congress? 🤔
💬 Will these bold promises set the stage for groundbreaking crypto policy or simply remain as campaign rhetoric? Share your thoughts! 👇
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