Reported 3 months ago
Former President Donald Trump made several bold promises to the crypto community during the Bitcoin 2024 conference, including the establishment of a crypto advisory council and the firing of SEC Chair Gary Gensler. However, many of these proposals face significant challenges in Congress and practical hurdles, such as the need for new legislation to create a strategic bitcoin reserve. While Trump's support energized attendees and led to a spike in bitcoin prices, skepticism remains among crypto advocates regarding the genuine commitment of political figures to the industry.
Source: YAHOO