Former President Donald Trump took to his X-handle and made a major but confusing announcement. He shared a video revealing that he will soon unveil a plan to make the United States the “crypto capital of the planet.”
At the Bitcoin 2024 conference in July, Trump reinforced his pro-Bitcoin stance by promising to establish a strategic Bitcoin reserve and remove SEC Chairman Gary Gensler. Despite the uncertain race between Trump and Kamala Harris, the crypto community appears to be leaning more toward Trump and his policies.
In his X-post, Trump shared a video of clips from his recent speech. He said, "This afternoon I'm going to lay out my plan to make sure the United States becomes the crypto capital of the planet. They want to choke you. They want to choke you out of business. We're not going to let that happen." He also tagged the account 'World LibertyFi' in his post.
Trump's sons, Donald Trump Jr. and Eric Trump, previously teased X users about the announcement. Eric wrote, "Excited to announce the launch of @WorldLibertyFi! A new era in finance is here."
However, shortly before Trump's announcement on X, World Liberty Financial's Telegram channel issued a warning. They wrote: "We have been made aware of some advertisements circulating on Telegram claiming to be from us, offering fake airdrops or token sales," it said. "We are not doing any airdrops or token sales at this time."
Trump had previously vowed to fire Gary Gensler. He had said, "I will fire Gary Gensler and appoint a new SEC chairman on day one. As soon as I am sworn in, the prosecution will stop and the weaponization of your industry will end. I will appoint a new SEC chairman who believes America must build the future, not block it."
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