Former President Donald Trump has announced plans to position the U.S. as the 'crypto capital of the planet' if re-elected, with a focus on the newly branded crypto initiative, World Liberty Financial, led by his sons. While specific details remain vague, Trump's vision aims to counter perceived regulatory threats to the crypto industry, promising to fire SEC Chairman Gary Gensler and create a national Bitcoin reserve. The announcement comes amidst growing scrutiny from the SEC, particularly regarding potential classifications of NFTs as securities. Trump's recent remarks have resonated within the crypto community, especially as he emphasizes the need for industry support against regulation. His promotion of World Liberty Financial includes warnings against scams circulating on Telegram, indicating a cautious approach to engage crypto supporters. This initiative is part of a broader strategy to attract web3 votes ahead of the November elections.