Key Takeaways:
- Donald Trump voiced strong support for the cryptocurrency industry, emphasizing its significance for the U.S.
- Trump’s campaign will accept cryptocurrency donations, using Coinbase Commerce.
- Trump criticized Joe Biden’s stance on crypto, contrasting it with his own pro-crypto position.
Former U.S. President Donald Trump recently expressed strong support for the cryptocurrency industry, emphasizing its importance for the United States.
“Our country must be the leader in the field, there is no second place,” Trump stated in a May 25 post on Truth Social, a platform owned by Trump Media and Technology Group (TMTG).
BREAKING: 🇺🇸 Donald Trump says “I am very positive and open minded to crypto companies.”
— Bitcoin Magazine (@BitcoinMagazine) May 25, 2024
“Our country must be the leader in the field. There is no second place.” 🙌 pic.twitter.com/M0cyk8AUyi
He further claimed to be “very positive and open minded to cryptocurrency companies, and all things related to this new and burgeoning industry.”
His pro-crypto stance comes as part of his campaign against current President Joe Biden in the upcoming 2024 presidential election, with election day set for November 4.
JUST IN: 🇺🇸 Donald Trump says "I will ensure that the future of crypto and #Bitcoin will be made in the USA…I will support the right to self custody to the nations 50 million crypto holders." pic.twitter.com/GFxSGbSckY
— Watcher.Guru (@WatcherGuru) May 26, 2024
Trump criticized Biden, saying, “CROOKED JOE BIDEN, ON THE OTHER HAND, THE WORST PRESIDENT IN THE HISTORY OF OUR COUNTRY, WANTS IT TO DIE A SLOW AND PAINful DEATH. THAT WILL NEVER HAPPEN WITH ME!“
His remarks were made before his speech at the Libertarian Party’s National Convention in Washington.
.@Polymarket – 2024 Presidential Election Winner:
— Political Polls (@Politics_Polls) May 26, 2024
Donald Trump 56% (+18)
Joe Biden 38%
Robert F. Kennedy Jr. 2%https://t.co/ifkXXe8Ptf https://t.co/4P5xl3WXYs pic.twitter.com/im3RaqnMsS
Additionally, Trump’s campaign announced it would accept cryptocurrency donations, launching a fundraising page on May 21 through Coinbase Commerce.
According to Polymarket, Trump is favored to win the election with a 56% probability, while Biden has a 38% chance.
About The Author
Fleming Airunugba, a seasoned Web3 and crypto content expert, leverages his deep understanding of blockchain technology to bring the latest and most impactful news to the crypto community.
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