WFCN –
Trump has announced his intention to dismiss SEC Chair Gary Gensler following his attendance at the Bitcoin conference in Nashville, Tennessee.
During his speech at the Bitcoin 2024 event in Nashville, Tennessee, ex-President Donald Trump reached out directly to the cryptocurrency enthusiasts.
He pledged to implement various measures upon winning the election, with the goal of tackling the issues faced by the cryptocurrency sector.
Trump specifically mentioned his intention to stop the “persecution” of the cryptocurrency industry, which he believes is a result of the current administration’s “crusade” against bitcoin.
He also promised to dismiss the head of the Securities and Exchange Commission (SEC), probably due to the agency’s increased monitoring and legal measures taken against different cryptocurrency companies and operations.
“When day one arrives, Gary Gensler will be dismissed,” Trump declared, eliciting a thunderous response from the approximately 5,000 individuals gathered in the audience.
“Upon assuming the presidency, I promise the bitcoin community that Joe Biden and Kamala Harris’ campaign against cryptocurrency will come to an end,” declared Trump.
Moreover, Trump pledged to “liberate” a prisoner who is seen as a hero in the cryptocurrency world.
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This probably alludes to the situation of a well-known individual who has been found guilty and incarcerated, yet is viewed by numerous people in the cryptocurrency community as a target of unfair prosecution.
This call to action directed at the crypto community is just one piece of his larger strategy to gather backing from this powerful group of voters before the 2024 presidential race.
Nevertheless, investors within stock market circles have also criticized Gary Gensler for his lack of action in addressing stock market manipulation.
Especially in his detachment from the MMTLP controversy.
What do you think about Trump’s pledge to dismiss Gary Gensler?