Trump: I will make the US the crypto center of the world
US Republican presidential candidate Donald Trump has said he will fire the head of the US Securities and Exchange Commission, Gary Gensler, who is known for his skepticism of crypto, and make the US the crypto center of the world. Donald Trump said he would fire the head of the Securities and Exchange Commission and appoint crypto-friendly officials if he returns to the White House in a bid to attract crypto asset enthusiasts and leverage the sector’s growing influence in the political arena. Speaking at a Bitcoin conference in Nashville on Saturday, Trump said, “This afternoon, I will announce my plan to ensure that the United States becomes the crypto capital of the planet and the Bitcoin superpower of the world, and we will achieve that.” The crowd applauded loudly when Trump announced that he would fire SEC Chairman Gary Gensler, whose term does not expire until 2026. If he wins the presidency, Trump will have significant influence over the emerging sector’s top regulators. “We will have regulations, but from now on, the rules will be written by people who love your industry, not people who hate your industry,” Trump said.