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Home»Regulation»‘I’m Fine With It’: Donald Trump, a Former Digital Asset Skeptic, Continues To Court the Crypto Vote
‘I’m Fine With It’: Donald Trump, a Former Digital Asset Skeptic, Continues To Court the Crypto Vote
Regulation

‘I’m Fine With It’: Donald Trump, a Former Digital Asset Skeptic, Continues To Court the Crypto Vote

2024-05-10Updated:2024-05-10No Comments2 Mins Read
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Former US President Donald Trump is in search of the help of the crypto neighborhood to return to the White Home.

In movies shared by crypto influencer Frank Degods on the social media platform X, Trump tells a bunch of supporters who purchased his Mugshot Version non-fungible tokens (NFTs) that he’s accepting crypto donations for his marketing campaign.

“Can we donate to the Trump marketing campaign utilizing crypto? I imagine the reply is sure.”

He additionally criticizes President Joe Biden and U.S. Securities Chairman Gary Gensler, saying they’re in opposition to digital belongings.

“[SEC Chair] Gensler could be very a lot in opposition to it, the Democrats are very a lot in opposition to it.”

Trump additionally says he doesn’t have an issue with the present recognition of crypto as he woos digital asset supporters to vote for him within the upcoming November election.

“Lots of people are very a lot for it – most likely lots of people on this group and I’m fantastic with it. I need to be sure it’s good and strong and every thing else, however I’m good with it. If you happen to like crypto in any type, and it is available in loads of completely different kinds, if you happen to’re in favor of crypto, you’d higher vote for Trump.”

The previous president was a crypto critic. In Might 2018, whereas serving within the Oval Workplace, he reportedly directed then-Treasury Secretary Steven Mnuchin to “go after Bitcoin [for fraud].”

In a 2021 interview, Trump mentioned that he was not invested in digital belongings and that crypto could be faux.

See also  Binance's CZ dispels FUD, speculates on next big crypto trend in new interview

“I just like the foreign money of the USA. I believe the others are probably a catastrophe ready to occur.”

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