What awaits the crypto world with Trump: What were the promises?
Donald Trump's victory in the US elections was also welcomed by the tripto world. It was known that Trump made very serious and important promises to crypto-focused companies in the USA, especially in the last 1 year. Here are Trump's commitments to the crypto world, from Bitcoin mining to regulations, from the fate of BTCs in the hands of the Department of Justice to CBDCs...
Donald Trump returns to the White House after a 4-year break. Trump, who surprisingly overtaked Hillary Clinton in 2016 but lost to Joe Biden in 2020, this time sent Kamala Harris, who entered the race instead of Biden, to his home!
Donald Trump, who clearly emphasized the anti-crypto and compared cryptocurrencies to pet toys not too long ago, will now work to make the USA the center and “capital” of Bitcoin.
Last year, Donald Trump surprisingly changed his mind about cryptocurrencies and held meetings with many industry participants, from mining companies to stock exchange executives, attended the Bitcoin conference in Nashville in July and, according to many, he made words that can only be seen in dreams.
So what did Donald Trump promise to the crypto and Bitcoin world in the past 1 year? Let's see item by item...
Working to ensure that all uncirculated BTCs are now issued in the US (Support to mining companies)
Creating a Bitcoin reserve
Ensuring that more than 200 thousand BTCs held by the Ministry of Justice are not sold
Terminating SEC chairman Gary Gensler and preventing Elizabeth Warren's "crypto attacks"
Create clearer and clearer regulation rules
Preventing CBDC from being removed
Ensuring the release of Ross Ulbricht, the founder of Silk Road and sentenced to 2 life sentences