Crypto’s Trump Gamble Gains New Momentum as Reelection Fuels Industry Ambitions
Trump’s return to office means that his previously outlined policies are now more likely to be realized, which could have significant effects on the crypto landscape in the U.S. Trump’s support for crypto came into full view at the Bitcoin Conference in Nashville on September 15, 2024. There, he reaffirmed his commitment to the industry, proclaiming, “I love crypto people,” and announcing plans for a Bitcoin Strategic Reserve to bring stability to the market. Additionally, Trump’s pledge to pardon Ross Ulbricht, the founder of the Silk Road, signals his alignment with the broader movement for digital freedom and decentralization.
Beyond speeches, Trump has engaged directly with the crypto community. In a memorable moment, he…
