Former President Donald Trump laid out plans to turn the U.S. into a "crypto capital" during a bitcoin conference in Nashville. Trump proposed creating a bitcoin "strategic reserve," suggested the removal of SEC Chair Gary Gensler, and recommended forming a crypto advisory council. His stance on cryptocurrency has evolved from criticism in 2019 to active support, evident from his campaign accepting cryptocurrency donations since May. He contrasted his pro-crypto approach with what he claims is the obstructive regulatory stance of the Biden administration, advocating that cryptocurrency should be developed within the United States.
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