President Trump Pledges Future-Proof Digital Asset Rules
President Trump stated that former SEC Chair Gary Gensler nearly destroyed the American crypto industry and vowed to enact permanent market structure legislation.
dnaindia.comPresident Trump said former SEC Chair Gary Gensler "nearly destroyed the American crypto industry." He added that the administration will "codify a future-proof digital asset market structure that cannot be undone by crypto haters." The statements were issued on the same day across multiple social media accounts.
Gensler led the agency during a period of heightened enforcement against crypto platforms. Industry participants had criticized those actions as overly restrictive.
Trump framed the new legislation as protection against future policy reversals. The pledge was presented without a specific timeline or bill text. No additional details on congressional support were provided in the announcements.
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