Donald Trump first signaled he would be a pro-crypto President with his rousing speech before the annual Bitcoin Conference in Nashville last July, at which he likened the crypto-verse to “the steel industry of 100 years ago.”
Not only did he promise to ensure that America would become “the crypto capital of the planet and bitcoin superpower of the world,” he drew “rapturous” applause by announcing his intention to fire then-Securities and Exchange Commission (SEC) Chair Gary Gensler, who oversaw agency rulings detrimental to digital tokens and to file lawsuits against bitcoin exchanges.
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