Krutika Adani
Trump plans to create a reserve and retain all government-acquired Bitcoin to keep the U.S. at the forefront of the crypto race.
Trump has vowed to replace Gensler by bringing in pro-crypto regulations, though presidents can't directly fire the SEC chair.
To promote domestic Bitcoin mining, Trump aims to reduce reliance on foreign miners, aligning with his energy independence policy.
Trump believes he can stimulate the crypto market and support growth through cheaper credit by pushing for lower interest rates.
Trump wants the U.S. to lead in crypto innovation with fair regulations that benefit developers and entrepreneurs nationwide.