In the midst of his discussion of various campaign policies at the Bitcoin 2024 conference in Nashville, Trump also revealed his specific plans for Bitcoin and the crypto sector in general.
This announcement received a positive response from the audience, surprising Trump, as he stated he intends to replace current SEC Chairman Gary Gensler if elected.
Gensler is seen as a common adversary of the crypto sector due to his tough stance on digital assets, which he considers illegally issued securities.
Trump also stated his administration's policy of retaining the 213,000 Bitcoins, worth approximately $14.5 billion, held by the government from previous enforcement actions, according to Arkham data.