🚨 TRUMP PLANS CRYPTOCURRENCY REVOLUTION: SEC WEAKENED, CFTC IN CHARGE! 💥💰

📢 What's Going On?

Trump's team proposes transferring regulation of digital assets, such as Bitcoin and Ethereum, to the CFTC, taking power away from the SEC! This change could transform the crypto landscape in the US.

💡 Important Details

• The CFTC will be able to regulate cryptocurrency exchanges and spot markets.

• SEC Chairman Gary Gensler already supports Bitcoin being regulated by the CFTC because it is a commodity.

• In March, the CFTC also classified Ethereum as a commodity in a lawsuit against KuCoin.

🗣️ Trump Promises Major Reforms

• Strengthen the crypto industry in the US with a federal Bitcoin reserve.

• Create a dedicated position in the White House to oversee the sector. • Gary Gensler resigns, taking a hard line against crypto.

📅 Next Steps

With Gensler stepping down from the SEC on January 20, 2025, when Trump takes office, the cryptocurrency industry could enter a new era in the US.