{"id":23788,"date":"2023-10-02T00:50:43","date_gmt":"2023-10-02T00:50:43","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/crypto-u-turn-for-donald-trump-when-elected-former-sec-chief-shares-insight\/"},"modified":"2023-10-02T00:50:43","modified_gmt":"2023-10-02T00:50:43","slug":"crypto-u-turn-for-donald-trump-when-elected-former-sec-chief-shares-insight","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/crypto-u-turn-for-donald-trump-when-elected-former-sec-chief-shares-insight\/","title":{"rendered":"Crypto U-turn for Donald Trump when Elected? Former SEC Chief Shares Insight"},"content":{"rendered":"

(Originally posted on : Crypto News – iGaming.org )<\/b>
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With Donald Trump gearing up for the 2024 presidential race, the crypto community is abuzz about the potential impact of his evolving views on cryptocurrencies. Once openly critical of bitcoin and crypto assets, the former president has recently dipped his toes into the crypto world, revealing<\/a> an ether (ETH) holding of $2.8 million last August. This revelation followed Trump\u2019s previous foray into the digital art space with his non-fungible token (NFT) collection<\/a>.<\/p>\n

John Reed Stark, the former head of internet enforcement at the U.S. Securities and Exchange Commission (SEC), commented on Trump\u2019s changing stance. He mentioned on social media platform X:<\/p>\n

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\u201cCrypto-voters might be one-issue voters and are a powerful and passionate constituency, so perhaps former President Trump will change his crypto-tune dramatically.\u201d<\/p>\n

Stark brings a wealth of experience to this observation. Now heading the cybersecurity firm John Reed Stark Consulting, he has served 15 years as an SEC enforcement attorney, including 11 years founding and leading the SEC Office of Internet Enforcement.<\/p>\n

While Trump declared<\/a> in 2019 that he was \u201cnot a fan of bitcoin or other cryptocurrencies,\u201d Stark anticipates that Trump\u2019s perspective could transform, especially considering the weight crypto-voters might hold in upcoming elections. Trump\u2019s previous concerns centered on cryptos being \u201cbased on thin air\u201d and their potential links to illegal ventures.<\/p>\n

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Expanding on potential policy shifts, Stark highlighted the crypto landscape\u2019s future under a Republican president. He believes a Republican-appointed SEC chair might endorse a bitcoin exchange-traded fund (ETF) and even relax SEC scrutiny on crypto affairs.<\/p>\n

Stark also spotlighted other significant potential changes for the crypto industry, including the possible resignation of the current SEC Chairman, Gary Gensler, and the potential appointment of \u201ccrypto mom\u201d Hester Peirce as acting SEC Chair<\/a>.<\/p>\n<\/p><\/div>\n

Source link <\/a>
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(Originally posted on : Crypto News – iGaming.org ) With Donald Trump gearing up for the 2024 presidential race, the crypto community is abuzz about the potential impact of his evolving views on cryptocurrencies. Once openly critical of bitcoin and crypto assets, the former president has recently dipped his toes into the crypto world, revealing […]<\/p>\n","protected":false},"author":34,"featured_media":23789,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/23788"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=23788"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/23788\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/23789"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=23788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=23788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=23788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}