Trump claims presidential win. Here is what he promised the crypto industry ahead of the election

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Donald Trump branded himself as the pro-crypto candidate for president on the campaign trail.

Crypto markets surged higher Tuesday night, with bitcoin hitting a new all-time-high above $75,000, as the NBC News Decision Desk projected a series of wins for the former president.

In public remarks for months, Trump has promised to unseat U.S. Securities and Exchange Commission Chairman Gary Gensler.The president does not have the power to fire appointed commissioners. Even if Trump were to appoint a new chairman, Gensler would remain a commissioner on the independent agency."The rules will be written by people who love your industry, not hate your industry," Trump said.

Trump has also expressly spoken out about his qualms with Sen. Elizabeth Warren, D-Mass., who is widely viewed by the crypto community as an existential threat.mining executives and experts sat down with Trump for an hour and a half in a small tea room at the Mar-a-Lago Club. The closed-door session marked the first time the former president took a meeting with the technologists securing the $1.5 trillion bitcoin network.

 

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