Tag: US crypto industry

Trump Pledges Crypto Support: SEC Shakeup Promised at Bitcoin 2024

Reiterating his vow to dismiss SEC Chair Gary Gensler should he be re-elected, the Trump Crypto Campaign connected with the Bitcoin 2024 community. From his past position on Bitcoin, Trump wants to see the US become the global Bitcoin capital. Led by Gary Gensler, the SEC's crackdown on the crypto sector has been a divisive topic, with well-publicized cases like Sam Bankman-Fried's stressing the regulatory difficulties. Donald Trump told one of the most significant cryptocurrency events of the year that if he...

Evident decline of the US crypto industry as FED establishes new monitoring system

Three factors plague the crypto industry, hindering its global adoption; high volatility, scalability, and security. The US Federal Reserve has launched a new...