Former President Donald Trump has pledged to support the crypto industry if he is reelected in 2024. He has promised to end the Securities and Exchange Commission’s (SEC) “crypto crackdown”, create a regulatory framework for the industry, and turn America into the crypto capital of the world. He also promised to commute the lifetime prison sentence of Ross Ulbricht, the creator of the darknet marketplace Silk Road.
However, Trump’s plans for crypto are not yet fully formed, and it is unclear how they would be implemented if he were to win the election.
