Donald Trump Pledges to Protect Crypto Ecosystem and Commute Silk Road Founder’s Sentence
In a bold move to secure the future of cryptocurrency in the United States, Republican Presidential candidate Donald Trump has vowed to protect the crypto ecosystem. During a speech in Washington D.C. on Saturday, Trump made it clear that he would take all necessary measures to ensure the safety and growth of cryptocurrencies like Bitcoin.
Trump emphasized his support for the right to self-custody, stating that he would keep Senator Elizabeth Warren and her regulatory efforts away from Bitcoin. He also promised to never allow the creation of a central bank digital currency, aligning himself with many crypto enthusiasts who reject the idea of a CBDC due to its centralized nature.
In a surprising announcement, Trump also revealed that if re-elected, he would commute the life sentence of Silk Road founder Ross Ulbricht to time served. This move further solidifies Trump’s positive outlook and support for the cryptocurrency industry, contrasting sharply with President Joe Biden’s approach.
With these declarations, Trump is positioning himself as a champion for the crypto community, promising to lead the U.S. to the forefront of the cryptocurrency market. As the debate over the future of digital currencies continues to heat up, Trump’s stance is sure to resonate with many supporters and industry insiders alike.