In addition to these two, Trump's other promises on cryptocurrencies have all been fulfilled.

It must be said that Trump is still very reliable and keeps his word~
During the campaign, Trump made these promises on cryptocurrencies

1. Fire the current SEC chairman on the first day of his presidency

2. Establish a national strategic reserve of Bitcoin

3. Establish a presidential committee on Bitcoin and cryptocurrencies to involve supervision

4. Ensure Bitcoin mining in the United States

5. Make the United States the world's crypto capital

6. Cancel capital gains tax on Bitcoin transactions

7. Ensure that the United States will not issue CBDC

Now, SEC Chairman Gary Gensler has officially announced that he will resign on the first day of Trump's presidency.

And yesterday, the head of the President's Crypto Advisory Committee was also designated. Although he is an athlete, he is a young man born after 1995, and he should be more familiar with cryptocurrencies than the old stubborn people in the traditional financial industry.


Now that the US policy is friendly, the whole world is watching the United States, and cryptocurrencies are all settled in US dollar stablecoins, as long as the United States does not mess around, it will naturally be the crypto capital.

The US CBDC plan has also been stopped, and the stablecoin sector has been completely handed over to the market~

At present, Trump still has two big moves:

One is to establish a strategic reserve of Bitcoin;

The second is to cancel the capital gains tax on Bitcoin transactions.

The first Bitcoin strategy is actually already in progress, but it will not be so fast at this time. In addition to the support of the president, it also needs the approval of the Senate and the House of Representatives.

So the opposition of Federal Reserve Chairman Powell to reserve Bitcoin some time ago actually gave everyone enough opportunities to get on board.

Because the strategic reserve of Bitcoin is the most concerned Trump campaign promise in the crypto circle, I believe he will not disappoint everyone on this point~

Another promise that has not yet been fulfilled is to cancel the capital gains tax on Bitcoin transactions.

If this can be achieved, it will also be a nuclear bomb-level benefit, because for large American investors, the capital gains tax on short-term speculation is as high as 37%!

In the last term, Trump reduced the US corporate income tax from 35% to 21%, and the whole process brought the US stock market to a long bull market for several consecutive years~

I believe that the capital gains tax on Bitcoin can also play the same role!
#特普朗对加密货币的承诺