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Trump says, “Our country must be the leader in (cryptocurrency)” before speech to libertarians
Donald J. Trump strengthened his recent embrace of cryptocurrencies today, posting on social media: “I am very positive and open-minded toward cryptocurrency companies and everything about this new and thriving industry,” as both sides seem to say in the upcoming presidential elections. try to win over pro-crypto voters.
Trump then shot his rival: “The corrupt Joe Biden, on the other hand, the worst president in the history of our country, wants him to die a slow and painful death.”
Sentiment towards cryptocurrencies has warmed significantly in Washington since Trump deliberately tried to court pro-crypto voters. First, the former president did pro-cryptocurrency comments earlier this month at a dinner at Mar-a-Lago. Then, last Tuesday, Trump’s presidential campaign has started accepting cryptocurrency donationsfulfilling the presumptive Republican nominee’s promise to become the first major party candidate to embrace bitcoin, ether and other digital currencies.
Following Trump’s pro-crypto rhetoric and actions, the Biden administration’s opposition to cryptocurrencies and the attitude of the Securities and Exchange Commission, traditionally opposed to cryptocurrencies, appear to have softened. On Wednesday, the White House released a statement expressing its opposition to the House of Representatives passing a cryptocurrency market structure bill, but Biden did not threaten to veto it. THE The House proceeded to approve the measure, which now passes to the Senate. Then on Thursday, Ether Exchange Traded Funds (ETFs) took a major step toward availability in the United States after the Securities and Exchange Commission approved the main regulatory documents. Just a month ago such approval was considered extremely unlikely.