President Donald J. Trump Vows to Make US a Bitcoin “Superpower” and Fire SEC Chair Gary Gensler

President Donald J. Trump made a bold declaration to position the United States as a Bitcoin “superpower” and maintain its competitive edge against countries like China. In a recent speech, Trump vowed to shake up the regulatory landscape by firing SEC chair Gary Gensler on day one of his potential return to office.

Trump criticized the Biden-Harris administration for what he described as a “war on crypto” and pledged to end the alleged crusade against digital assets. He emphasized the importance of embracing innovation and progress in the crypto industry, highlighting the need for a regulatory framework that supports growth.

The former president also announced his intention to appoint a “Presidential crypto advisor” to spearhead efforts in making the US a leader in crypto adoption. Trump praised Bitcoin as an asset class, predicting its potential to surpass gold in the future.

Acknowledging Bitcoin’s global influence, Trump lauded the flagship cryptocurrency for fostering cooperation and human achievement across borders. He emphasized the significance of embracing crypto in geopolitics, warning that failing to do so could allow other nations to take the lead.

As the speech continues to unfold, Trump’s remarks are generating buzz within the crypto community and beyond. Stay tuned for further updates on this developing story.