Blitz Bureau
Donald Trump, the former US President and Republican nominee for the White House, has pledged to turn the US into the “crypto capital of the planet and the Bitcoin superpower of the world”.
The former President on July 27 also promised to appoint an advisory council to frame his administration’s cryptocurrency policy, fire Gary Gensler, the current head of the Securities and Exchange Commission (SEC), which oversees the industry; and free a jailed American who ran the Silk Route market, a dark-net platform, by commuting his life-term sentence to time served in jail.
A one-time sceptic who called cryptocurrency — digital money that is not backed by any central bank — a “sham”, Trump has embraced it in recent months and said in a speech to an annual conference of the industry in Nashville, Tennessee, that Bitcoin — a type of cryptocurrency — “stands for freedom, sovereignty and independence from government coercion”.
“We’ll get it done. If crypto is going to define the future, I want it to be mined and made in the USA. It’s not going to be made anywhere else. I want America to be the nation that leads the way. And that’s what’s going to happen, though, you’re going to be very happy with me,” the former President added.
