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Trump’s reference above to a “crypto crackdown” likely centers on the Securities and Exchange Commission (SEC), which has pursued an aggressive string of enforcement actions following FTX’s collapse in 2022. Bent against noncompliance with securities laws among industry participants, SEC Chair Gary Gensler has become increasingly targeted by Trump, too. When Trump said he was “good” with crypto in May—signaling his shift from skeptic to defender—the former president presented himself as a foil to President Joe Biden and Gensler. Trump claimed the duo, along with other Democrats, “are very much against” crypto. The former president later vowed to “fire Gary Gensler” if reelected at a recent Bitcoin conference in Nashville—hands down garnering the loudest cheers during his speech. However, Gensler’s term is slated to run through 2026, and Trump does not have the authority to remove Gensler from his position without cause. “I pledge to the Bitcoin community that the day I take the oath of office, Joe Biden and Kamala Harris’ anti-crypto crusade will be over,” Trump vowed in Nashville. “It will end. It will be done.”

Former President Donald Trump burnished his credentials as Bitcoin’s best friend with a series of major announcements, including adding crypto to the government’s reserves, in a barnstorming speech to assembled crypto devotees at the Bitcoin 2024 Nashville conference. “This afternoon, I’m laying out my plan to ensure that the United States will be the crypto capital of the planet and the Bitcoin superpower of the world and we’ll get it done,” said Donald Trump at the Bitcoin 2024 conference in Nashville, Tennesse on Saturday. To roars of approval from the 5,000-strong audience, Trump promised, “On day one, I will fire Gary Gensler.” He continued: “I pledge to the Bitcoin community that the day I take the oath of office, Joe Biden and Kamala Harris’s anti-crypto crusade will be over.”

Former President Donald Trump burnished his credentials as Bitcoin’s best friend with a series of major announcements, including adding crypto to the government’s reserves, in a barnstorming speech to assembled crypto devotees at the Bitcoin 2024 Nashville conference. “This afternoon, I’m laying out my plan to ensure that the United States will be the crypto capital of the planet and the Bitcoin superpower of the world and we’ll get it done,” said Donald Trump at the Bitcoin 2024 conference in Nashville, Tennesse on Saturday. To roars of approval from the 5,000-strong audience, Trump promised, “On day one, I will fire Gary Gensler.” He continued: “I pledge to the Bitcoin community that the day I take the oath of office, Joe Biden and Kamala Harris’s anti-crypto crusade will be over.”

🇺🇸Donald Trump 2024 $BTC in Conference Speech Recap: 🔵On day one I will fire Gary Gensler and appoint a new SEC chairman. 🔵Create a US Government strategic national Bitcoin stockpile if elected. 🔵US Government will keep 100% of Bitcoin it owns 🔵Bitcoin is going to the moon. 🔵Never sell your Bitcoin 🔵Bitcoin will one day probably surpass the market cap of Gold. 🔵I reaffirm my pledge to commute Ross Ulbricht's sentence. 🔵There will never be a CBDC while I am President of the United States. 🔵Bitcoin and crypto will skyrocket like never before if elected president. 🔵Bitcoin is not threatening the dollar, the current U.S. government is threatening the dollar. 🔵The United States will be the crypto capital of the planet and the Bitcoin superpower of the world. 🔵Bitcoin stands for freedom, sovereignty, and independence from government coercion and control. 🔵I pledge to the Bitcoin community that the day I take oath of Office, Joe Biden and Kamala Harris' anti-crypto crusade will be over.

🇺🇸 Donald Trump 2024 Bitcoin Conference Speech Recap:  • On day one I will fire Gary Gensler and appoint a new SEC chairman. • Create a US Government strategic national Bitcoin stockpile if elected. • US Government will keep 100% of Bitcoin it owns  • Bitcoin is going to the moon.  • Never sell your Bitcoin  • Bitcoin will one day probably surpass the market cap of Gold. • I reaffirm my pledge to commute Ross Ulbricht's sentence. • There will never be a CBDC while I am President of the United States. • Bitcoin and crypto will skyrocket like never before if elected president. • Bitcoin is not threatening the dollar, the current U.S. government is threatening the dollar. • The United States will be the crypto capital of the planet and the Bitcoin superpower of the world. • Bitcoin stands for freedom, sovereignty, and independence from government coercion and control. • I pledge to the Bitcoin community that the day I take oath of Office, Joe Biden and Kamala Harris' anti-crypto crusade will be over $BTC