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June 16, 2024
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Trump says he supports cryptocurrency

US Presidential candidate Donald Trump came out in support of cryptocurrency during a special event for Trump NFT holders at his Mar-a-Lago resort in Florida.

Trump told the crowd that President Joe Biden “doesn’t even know” what cryptocurrency is.

“If you like crypto in any form, and it comes in a lot of different forms, if you are in favor of crypto, you better vote for Trump,” he added.

“Biden doesn’t know,” Trump said, also taking aim at the chair of the U.S. Securities and Exchange Commission (SEC). “[Gary] Gensler is very much against it, the Democrats are very much against it. But I’m good with it.”

Trump also told that he intends to accept campaign donations in crypto.

David Bailey, CEO of Bitcoin Magazine, disclosed that his team had been advising the campaign of former President Donald Trump to develop a bitcoin and cryptocurrency-friendly policy.

Bailey remarked on the benefits that a crypto-friendly administration would give the industry in the U.S. and announced his team would intend to raise $100 million to develop a campaign to “ensure the next President of the United States is pro-Bitcoin.”

The post Trump says he supports cryptocurrency appeared first on Crypto Reporter.

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