Here's what Trump 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.

The former president promised to launch a strategic national crypto stockpile if elected to a second term.

"For too long our government has violated the cardinal rule that every bitcoiner knows by heart: Never sell your bitcoin," Trump said during his keynote speech."If I am elected, it will be the policy of my administration, United States of America, to keep 100% of all the bitcoin the U.S. government currently holds or acquires into the future," he said.

Gensler has brought more than 100 actions against crypto firms during his tenure at the helm of the commission. In multiple interviews, the SEC chair has said he believes much of the industry already belongs under its jurisdiction, and its lawsuits are simply bringing the sector under compliance. The intimate gathering brought together a coalition of some of the biggest private and public American miners in the business, including representatives from

 

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