Former US President Donald Trump announce As one of the speakers at the Bitcoin 2024 conference in Nashville, Tennessee. One of the largest Bitcoin conferences in the world, the event runs from July 25th to 27th.
Over the past few months, leading Republican presidential candidates have expressed strong support for the cryptocurrency and blockchain industries.
last month, Trump said At an event at Mar-a-Lago, Trump said he would advocate for Bitcoin mining if he were president. In May, Trump began accepting political donations in cryptocurrency. His advocacy has garnered support from prominent figures in the crypto community, including Gemini founders Cameron and Tyler Winklevoss and Ark Invest CEO Cathy Wood.
Other U.S. politicians are also scheduled to speak at Bitcoin 2024, including presidential candidate Robert F. Kennedy Jr., former presidential candidate Vivek Ramaswamy, and Republican senators Bill Hagerty and Marsha Blackburn. Kennedy Jr. delivered a keynote speech at Bitcoin 2023 in support of the cryptocurrency, promising to make people’s right to own and use Bitcoin “inviolable.”
Meanwhile, President Joe Biden’s campaign They say they are in contact While it provides guidance to cryptocurrency industry members on digital asset policies, it has yet to make any significant announcements related to cryptocurrencies or blockchain.
In a letter Tuesday, the Chamber of Progress, a U.S. technology industry group, said: Urges people to show support for Biden He claimed that President Trump was exploiting the Biden administration’s lack of clarity to push for comprehensive cryptocurrency regulation.
Users of decentralized prediction markets Polymarket Currently, Trump has a 63% chance of winning the upcoming November election, while only 13% predict Biden will win.
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About the Author
Danny Park is The Block’s East Asia reporter, writing about topics including Web3 development and cryptocurrency regulation in the region. He was previously a reporter at Forkast.News, where he actively covered the downfalls of Terra-Luna and FTX. Based in Seoul, Danny previously produced written and video content for media companies in Korea, Hong Kong, and China. He holds a Bachelor of Arts in Journalism and Business Marketing from the University of Hong Kong.