The post Donald Trump Will Soon Reveal Plans to Make the US the Crypto Capital of the Planet appeared first on Coinpedia Fintech News
Former President Donald Trump took to his X handle and made a major yet confusing announcement. He shared a video and revealed that he will soon lay out a plan to make the United States the âcrypto capital of the planet.âÂ
At the July Bitcoin 2024 conference, Trump reinforced his pro-Bitcoin stance, promising to establish a strategic Bitcoin reserve and remove SEC chair Gary Gensler. Despite the uncertain race between Trump and Kamala Harris, the crypto community seems to lean toward Trump and his policies.
In his X post, Trump shared a video with excerpts from his recent speech. He said âThis afternoon, Iâm laying out my plan to ensure that the United States will be the crypto capital of the planet. They want to choke you. They want to choke you out of business. Weâre not going to let that happen.â He also tagged the account âWorld LibertyFiâ in his post.Â
.@worldlibertyfi pic.twitter.com/mwhVIzPJyq
â Donald J. Trump (@realDonaldTrump) August 29, 2024
Trumpâs sons, Donald Trump Jr. and Eric Trump also previously teased X users about this announcement. Eric wrote, âExcited to announce the launch of @WorldLibertyFi! A new era in finance is here.â
However, shortly before Trumpâs announcement on X, World Liberty Financialâs Telegram channel issued a warning. They wrote, âWe have been made aware of some ads circulating on Telegram claiming to be from us, offering fake airdrops or token sales,â it said. âWe are not doing any airdrops or selling any tokens at this time.â
Trump had previously vowed to fire Gary Gensler. He had said, âI will fire Gary Gensler and appoint a new SEC Chair on day one. The moment Iâm sworn in, the persecution stops and the weaponization ends against your industry. I will appoint new SEC chair who believes America should build the future not block.â