Trump proposed ten new policy commitments regarding cryptocurrency during the 2024 campaign, officially taking office on January 20 as the 47th President of the United States. The map details the new cryptocurrency policies.
1. Make America the global cryptocurrency capital
Trump promised that if elected again, he would work to develop the United States into the global center of cryptocurrency, supporting the growth of emerging industries such as cryptocurrency and artificial intelligence.
2. Stop the crackdown on the cryptocurrency industry
He committed to ending the current administration's 'illegal crackdown' on the cryptocurrency industry, protecting the rights to Bitcoin mining and trading.
3. Prevent the U.S. government from further developing CBDCs
Trump opposes the U.S. government’s further development of Central Bank Digital Currencies (CBDCs), believing this would limit personal freedoms.
4. Establish a strategic Bitcoin reserve
Trump plans to establish a national-level Bitcoin reserve, making Bitcoin one of America's strategic assets.
5. Fire SEC Chairman Gary Gensler
He stated that if elected, he would immediately fire the current Chairman of the U.S. Securities and Exchange Commission (SEC) to relax regulations on the cryptocurrency industry.
6. Prevent the U.S. from selling its Bitcoin holdings
He committed not to sell the Bitcoin held by the U.S. government, ensuring these assets continue to serve the nation.
7. Suggest using cryptocurrency to solve the U.S. debt issue
Trump suggested using cryptocurrency to address the U.S. debt crisis, viewing it as an innovative solution.
8. Propose a comprehensive cryptocurrency policy
He plans to formulate a comprehensive cryptocurrency policy covering aspects such as stablecoin regulation and user self-custody rights.
9. Establish a cryptocurrency advisory committee
Trump plans to establish a dedicated advisory committee to develop transparent regulatory guidelines to support the growth of the cryptocurrency industry.
10. Lessen the sentence of Silk Road founder Ross Ulbricht
He promised that if elected, he would consider reducing the sentence of Ulbricht, who was convicted in connection with the Silk Road incident.
