News View Non-AMP

Donald Trump Will Soon Reveal Plans to Make US the ‘Crypto Capital of the Planet’

Published by
Anjali Belgaumkar

Former President Donald Trump took to his X handle and made a major yet confusing announcement. He shared a video and revealed that he will soon lay out a plan to make the United States the ‘crypto capital of the planet.’ 

At the July Bitcoin 2024 conference, Trump reinforced his pro-Bitcoin stance, promising to establish a strategic Bitcoin reserve and remove SEC chair Gary Gensler. Despite the uncertain race between Trump and Kamala Harris, the crypto community seems to lean toward Trump and his policies.

In his X post, Trump shared a video with excerpts from his recent speech. He said “This afternoon, I’m laying out my plan to ensure that the United States will be 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 also previously teased X users about this 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 ads circulating on Telegram claiming to be from us, offering fake airdrops or token sales,” it said. “We are not doing any airdrops or selling any tokens at this time.”

Trump had previously vowed to fire Gary Gensler. He had said, “I will fire Gary Gensler and appoint a new SEC Chair on day one. The moment I’m sworn in, the persecution stops and the weaponization ends against your industry. I will appoint new SEC chair who believes America should build the future not block.”

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

Recent Posts

Bitcoin Rich List: Who’s Stacking, Who’s Slacking?

In recent months, many major companies around the world have started buying large amounts of…

June 1, 2025

XRP Price Prediction for 2040: Will It Be Enough to Quit Your 9-to-5?

Many crypto investors dream about the day their favorite coin takes off — and for…

June 1, 2025

This Hot New Altcoin In DeFi Is Turning Heads

As the month of May draws to a close, investors are searching for the best…

June 1, 2025

Best Crypto Coins to Watch This Week and Buy

This week’s crypto spotlight shines brightly on a select group of coins capturing investor interest…

June 1, 2025

Missed Bitcoin at $1? Bitcoin Solaris at $5 Is the Closest You’ll Get to a Real Second Shot

Most investors who passed on Bitcoin early didn’t lack belief — they lacked access, context,…

June 1, 2025

MOONPIG Price Crashes 65% & Kaspa Holds as Punisher Coin See Whale Action: Is this the Next 1000x Pump?

Is meme coin season peaking, or just getting smarter? Right now, Kaspa (KAS) market sentiment…

June 1, 2025