Donald Trump Declares Support for Cryptocurrency

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Coin79
05-26
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Trump has expressed distrust towards cryptocurrencies in the past, but he changed his stance during the 2024 election cycle and following the Trump-branded Non-Fungible Token project.

Former President and 2024 Republican front-runner Donald Trump showed his clearest support for cryptocurrency in a Truth Social post Chia shortly before his appearance at the Libertarian Party National Convention.

“I am very positive and open to crypto companies and all things related to this new and growing industry. Our country must be a leader in this field.”

Trump wrote, using his signature capital letters.

In recent years, Trump has expressed skepticism about cryptocurrencies when compared to the US dollar. “The currency of this world should be the dollar. And I don't think we should have all the Bitcoins in the world. I think they should regulate them very, very tightly,” Trump said in a 2021 interview with Fox Business.

However, after a successful venture into Trump-branded Non-Fungible Token trading cards (some cards, “ Mugshot Edition Non-Fungible Token ,” give owners the chance to dine with Trump after a day of trial) and With cryptocurrency policy becoming a key campaign issue in recent weeks, Trump appears ready to position himself as the pro-crypto candidate.

The article Donald Trump Declares Support for Cryptocurrency appeared first on Coin79 - Update Coin news and Crypto investment knowledge .

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