news-14112024-214440

US President-elect Donald Trump has chosen Congressman Matt Gaetz to serve as the Attorney General in his administration. This move by Trump further solidifies his support for cryptocurrency, as Gaetz is known for his pro-Bitcoin stance.

Gaetz’s nomination has sparked a range of reactions among GOP lawmakers. Some have expressed concerns about his confrontational style and lack of experience, while others have pointed to past controversies, including a federal investigation and a House ethics review. However, Trump has defended his choice, citing Gaetz’s work on the House Judiciary Committee in exposing government corruption as a key factor in his decision.

Following the nomination, Gaetz announced his resignation from the US Congress and expressed his excitement at the prospect of serving as Trump’s Attorney General. This move aligns with Trump’s recent appointments of other pro-crypto leaders, such as Elon Musk and Vivek Ramaswamy, to key positions in his administration.

Throughout his time in Congress, Gaetz has been a strong advocate for cryptocurrency. He has introduced legislation to allow Americans to pay federal taxes in Bitcoin and has supported regulatory frameworks that are favorable to the crypto industry. Gaetz has also praised countries like El Salvador for their pro-Bitcoin policies and has engaged with leaders from these nations to learn more about their approach to digital assets.

While Gaetz’s nomination as Attorney General may come as a surprise to some, it reflects Trump’s commitment to embracing blockchain technology and crypto-friendly officials in his administration. As Trump prepares to take office, his choice of Gaetz signals a clear pro-crypto direction for his upcoming term.