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What will be the outcome of Trump's crypto reform proposals by end of 2025?
2
Resolution / Starting Odds
All proposals enacted • 25%
Some proposals enacted • 25%
No proposals enacted • 25%
Proposals rejected • 25%
Legislative records, official announcements, and policy documents
Story
Trump Proposes Crypto Reforms: Fire Gary Gensler, National Bitcoin Stockpile, Claims Bitcoin Not Threat to Dollar
Nov 3, 2024, 03:30 PM
Donald Trump, a candidate in the 2024 U.S. Presidential Election, has outlined a series of proposals aimed at enhancing the cryptocurrency landscape in the United States. These proposals include plans to fire Gary Gensler, the current SEC Chairman, on his first day in office, establish a national Bitcoin stockpile, and position the U.S. as the 'Crypto Capital of the World.' Trump also emphasized the need for regulatory changes to create a fair and clear environment for cryptocurrencies, the formation of a Crypto Advisory Council within 100 days, and the right to self-custody of digital assets. In recent statements, Trump asserted that Bitcoin does not pose a threat to the U.S. dollar, but rather criticized the current government's behavior as the real threat to the currency. He reiterated this point in various forums, indicating a bullish stance on Bitcoin and its potential role in the U.S. economy.
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Adopted as law • 25%
Introduced but not passed • 25%
No legislative action • 25%
Other outcome • 25%
Significant positive changes • 25%
Minor positive changes • 25%
No changes • 25%
Negative changes • 25%
Significant growth in market size • 25%
Increased market volatility • 25%
Stable growth • 25%
Minimal impact • 25%
Significant positive impact • 25%
Moderate positive impact • 25%
No significant impact • 25%
Negative impact • 25%
Tax incentives for crypto investments • 25%
Relaxation of crypto trading regulations • 25%
Introduction of a national digital currency • 25%
Other • 25%
Tax incentives for crypto • 25%
Regulatory framework • 25%
Federal crypto reserve • 25%
Other • 25%
Tax incentives for crypto • 25%
Regulatory relaxation • 25%
New crypto-specific regulations • 25%
No significant changes • 25%
Significant positive impact • 25%
Moderate positive impact • 25%
No significant impact • 25%
Negative impact • 25%
Tax incentives for crypto • 25%
Regulatory framework for exchanges • 25%
Digital dollar initiative • 25%
Other • 25%
Achieved • 25%
Partially achieved • 25%
Not achieved • 25%
Failed • 25%
