Trump proposed ten new policy commitments regarding cryptocurrency during his 2024 campaign, set to officially take office on January 20 as the 47th president of the United States. The map provides a detailed overview of the new cryptocurrency policies.
1. Making America the global cryptocurrency capital. Trump promises that if re-elected, he will work to develop the United States into the global center for cryptocurrency, supporting the development of emerging industries such as cryptocurrency and artificial intelligence.
2. Ending the crackdown on the cryptocurrency industry. He commits to ending the current administration's 'illegal crackdown' on the cryptocurrency industry, protecting the rights to Bitcoin mining and trading.
3. Stopping the U.S. government from further developing CBDC. Trump opposes the U.S. government's further development of Central Bank Digital Currency (CBDC), believing it would restrict personal freedoms.
4. Establishing a strategic Bitcoin reserve. Trump plans to create a national-level Bitcoin reserve, making Bitcoin one of America's strategic assets.
5. Firing SEC Chair Gary Gensler. He stated that if elected, he would immediately fire the current Chair of the U.S. Securities and Exchange Commission (SEC) to ease regulations on the cryptocurrency industry.
6. Preventing the U.S. from selling its Bitcoin holdings. He commits not to sell the Bitcoin held by the U.S. government, ensuring these assets continue to serve the nation.
7. Proposing to use cryptocurrency to address U.S. debt issues. Trump suggests utilizing cryptocurrency to tackle America's debt crisis, believing this is an innovative solution.
8. Introducing a comprehensive cryptocurrency policy. He plans to formulate a comprehensive cryptocurrency policy covering aspects such as stablecoin regulation and users' right to self-custody.
9. Establishing a cryptocurrency advisory committee. Trump plans to set up a dedicated advisory committee to formulate transparent regulatory guidelines to support the development of the cryptocurrency industry.
10. Reducing the sentence of Silk Road founder Ross Ulbricht. He commits that if elected, he will consider reducing the sentence of Ulbricht, who was convicted in connection with the Silk Road incident.
