Trump said at the Bitcoin Conference: If elected in November, he will fire Gary Gensler, chairman of the US SEC, and prevent the United States from selling its Bitcoin holdings, establish a "strategic Bitcoin reserve", reduce the sentence of Silk Road founder Ross Ulbricht, and prevent the US government from further developing CBDC. Trump also praised the development of stablecoins and support for the Bitcoin mining industry in the United States. (TheBlock)

Trump said he hopes Bitcoin will be mined, minted and manufactured in the United States, and that a comprehensive crypto policy will be proposed, covering everything from stablecoin regulation to Bitcoin self-custody. Trump said that it would be a disaster for cryptocurrencies if Democrats continued to hold the White House, and that he would appoint a Bitcoin and Cryptocurrency Advisory Committee after taking office. He said that cryptocurrencies were the steel industry 100 years ago, and that they are still in their infancy, and that one day they could surpass gold.

#BTC #SEC #CBDC