Cryptocurrency Policy After Trump's Election

Trump, who once held a skeptical and critical attitude towards cryptocurrency, has now changed his stance and become a presidential candidate supporting cryptocurrency.

In July 2024, at the Bitcoin conference, Trump expressed his affection for Bitcoin almost unreservedly, stating that the market value of Bitcoin would surpass that of gold, promising to remove the SEC chairman who is unfriendly towards cryptocurrency after his election, and declaring his desire for the United States to become the 'global cryptocurrency capital' and Bitcoin's 'world superpower'.

Some of Trump's cryptocurrency policy proposals include:

Establishing a government reserve of Bitcoin: The government will 'retain 100% of the Bitcoin currently held or to be acquired by the U.S. government'

Forming a cryptocurrency advisory committee.

Preventing the creation of Central Bank Digital Currency (CBDC).