Donald Trump has unveiled an ambitious 11-point plan to transform the cryptocurrency landscape in the U.S. From firing SEC Chairman Gary Gensler on Day One to building a âNational Bitcoin Reserveâ and positioning the U.S. as a global crypto hub, Trumpâs vision has crypto enthusiasts buzzing.
đ Key Pledges:
1. Remove regulatory barriers, like ending SEC crackdowns.
2. Abolish capital gains tax on Bitcoinâcould this incentivize mass adoption?
3. Support domestic Bitcoin mining to solidify U.S. leadership.
4. Form a presidential crypto advisory committee.
5. Uphold the right to self-custody of digital assets.
6. Oppose government-issued CBDCs to promote decentralization.
đ„ Some promises, such as regulatory shifts and forming advisory bodies, may be achievable through executive orders. But will the grander ideas, like abolishing capital gains tax and creating a national Bitcoin reserve, survive Congress? đ€
đŹ Will these bold promises set the stage for groundbreaking crypto policy or simply remain as campaign rhetoric? Share your thoughts! đ
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