Trump’s Crypto Overhaul: Ditching Gensler for a New Advisory Panel

  • Donald Trump aims to revamp the U.S. digital asset sector by replacing SEC Chair Gary Gensler with a proposed advisory board for cryptocurrencies, including Bitcoin.
  • He also promises to halt efforts toward a U.S. central bank digital currency.
  • With crypto policies now a key talking point among presidential hopefuls, digital currencies are emerging as a critical electoral issue.

hey everyone

i find this idea kinda intriguing. its weird to see trump switching things up like this, moving away from that one-man approach and instead working with a group for crypto guidance. do u think having a bunch of voices on board might actually lead to clearer, balanced policies or could it get messy with too many opinions? also, i wonder if halting the central bank digital currency plans is a move to protect crypto innovations or just a political play. what are your thoughts on how effective this advisory model might be in practice?