Trump's Vision: America as Bitcoin Superpower

Former President Donald Trump has pledged to transform the US into a 'Bitcoin superpower' if he returns to office. He proposed policies favoring cryptocurrency, including the establishment of a Bitcoin advisory council and rejecting a central bank digital currency. Trump aims to position the US as a global leader in crypto.

Former President Donald Trump has unveiled his intentions to make the US a 'Bitcoin superpower' if he is re-elected. Speaking at a Bitcoin convention, Trump announced plans to establish a transparent regulatory framework, scrap efforts towards a central bank digital currency, and fire SEC Chair Gary Gensler.

Trump emphasized the importance of maintaining Bitcoin jobs and businesses within the US, criticizing the current government's policies for driving them abroad. He also promised to set up a presidential advisory council to support the cryptocurrency sector, stressing that rules would be written by industry advocates.

The former president argued that the real threat to the US dollar came from current government policies, not Bitcoin. He assured that under his administration, America would become the leading Bitcoin mining powerhouse, fostering economic growth and reinforcing American financial dominance globally.

(With inputs from agencies.)