47th US President Donald TrumpIt is expected to implement its remarkable 11-item plan for cryptocurrencies after winning the elections. With this plan, it is aimed to make the USA the world cryptocurrency center. Trump’s crypto promises Major headlines include removing SEC Chairman Gary Gensler, creating a national Bitcoin reserve, and eliminating the capital gains tax on cryptocurrencies.
“National Bitcoin Reserve” and Tax Exemption are on the Agenda
Among Trump’s most important crypto promises is his announcement that a “National Bitcoin Reserve” will be established in the USA. 203 thousand 650 units currently held by the US government BTCStating that (approximately 14.95 billion dollars) will be protected, Trump emphasized that these assets should contribute to the US economy.
At the same time Bitcoin (BTC) 
$73,968 He also added that a more attractive environment for investors would be created by completely removing the capital gains tax on the capital gains tax. All these steps, especially in the USA cryptocurrency investorsIt is expected to attract the attention of.
Another important promise of Trump is that he wants to end the regulatory pressure on cryptocurrencies. this way cryptocurrency market It is expected that restrictive regulations on it will be relaxed. Thus, it is planned to make the USA the world cryptocurrency center.
“Presidential Advisory Council” for the Future of Cryptocurrencies in the USA
Trump also announced that a “Bitcoin and Cryptocurrency Presidential Advisory Council” would be established to ensure the growth of the cryptocurrency industry in the USA. This council will advise the President on the regulation and development of cryptocurrencies. In addition, Trump stated that citizens’ rights to keep their cryptocurrencies themselves will be protected and that individuals financial freedomHe stated that he would support them.
Central Bank Digital CurrenciesDeclaring that he was against (CBDCs), Trump also announced that such digital currencies would not be welcomed under his administration. On the other hand, the founder of Silk Road Ross UlbrichtTrump’s promise to commute his double life sentence is also among Trump’s notable crypto promises.
Although it is a matter of great curiosity whether this 11-item plan will be implemented or not, the promises of the 47th US President to give a new direction to the sector by reducing the pressure on the cryptocurrency industry have already had a positive impact in the cryptocurrency market. Although the election has not yet been officially concluded, Bitcoin has already celebrated Trump’s victory by crossing the $75,000 threshold and rising to an all-time high of $75,656.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
