10 Promises Made by Donald Trump Regarding Bitcoin and Crypto
Donald Trump has made significant promises regarding Bitcoin and crypto, including commuting Ross Ulbricht's sentence and eliminating Bitcoin taxes.

Donald Trump, during his election campaign, expressed a strong pro-crypto stance and made several commitments aimed at advancing the cryptocurrency industry in the United States. Here’s a summary of his key promises.
Commuting Ross Ulbricht's Sentence
Trump vowed to commute the prison sentence of Ross Ulbricht, the founder of the notorious Silk Road marketplace. Ulbricht has been serving a lengthy sentence since his arrest in 2013 for charges related to drug trafficking and money laundering. This promise reflects Trump’s support for individual freedoms within the crypto space.
Firing SEC Chairman Gary Gensler
On his first day in office, Trump promised to dismiss Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC). Gensler's regulatory approach has been viewed as unfavorable by many in the crypto community, and Trump aims to end the anti-crypto policies of the previous administration.
Eliminating Bitcoin Taxes
Trump proposed eliminating taxes on Bitcoin transactions, arguing that taxing small purchases, such as coffee with BTC, is unjust. Instead, he plans to replace crypto taxes with tariffs.
Making the U.S. the Crypto Capital
Trump intends to position the United States as the world’s leading hub for cryptocurrency. He aims to create a national Bitcoin stockpile, ensuring that the government holds all of its digital assets. Additionally, he is committed to preventing the introduction of a Central Bank Digital Currency (CBDC) during his administration.
Supporting Bitcoin's Growth
Trump believes that Bitcoin has the potential to soar to new heights, possibly surpassing gold’s market capitalization. He has expressed support for the rights of American crypto holders to manage their assets independently.
Accepting Bitcoin Donations
Trump was the first presidential candidate to accept Bitcoin donations for his campaign, showcasing his commitment to integrating cryptocurrency into mainstream politics. His campaign has even inspired the creation of various meme coins.
As Trump prepares for his inauguration, the crypto community is keenly observing how many of these promises will be fulfilled.
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