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Home»ADOPTION NEWS»Trump Says He Wants the US to Take Charge of Cryptocurrency Rather Than China, Predicting Another NFT Launch
ADOPTION NEWS

Trump Says He Wants the US to Take Charge of Cryptocurrency Rather Than China, Predicting Another NFT Launch

By Crypto FlexsJuly 17, 20242 Mins Read
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Trump Says He Wants the US to Take Charge of Cryptocurrency Rather Than China, Predicting Another NFT Launch
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Former US President donald trump He said the cryptocurrency industry is good for the country and that the U.S. should lead the global cryptocurrency race before China or any other country, Bloomberg reported Tuesday.

“If I put it aside, it will be adopted by other countries, probably China. They are quite advanced in that area,” Trump said in an interview with Bloomberg. interview. “So you have to look at it. What I want, in other words, is what’s good for the country.”

The Republican presidential candidate said cryptocurrencies “are not going away” and plans to release another set of NFTs. “I’ve done it three times, and I’m going to do it again because people want me to do it again,” Trump said in the interview. Trump offered trading card-themed NFTs to certain buyers. Various perks, For example, something like wearing part of his suit or tie, or attending a dinner event with him.

President Trump said the U.S. cryptocurrency industry, while still in its infancy, has a “good foundation,” adding that he has gotten to know “top-notch” people in the industry.

Pro Crypto Path

Trump, who previously had a negative view of cryptocurrencies, has begun to support the local industry in recent months. In May, his campaign began accepting campaign donations in cryptocurrencies, and raised $3 million in the past quarter. The Wall Street JournalThe Republican candidate also pledged: Support Bitcoin Miners At the White House.

Key figures in the cryptocurrency industry have expressed support or donated to the Trump campaign, including Gemini co-founders Tyler and Cameron Winklevoss, Ark Invest CEO Cathy Woods, and Kraken co-founder Jesse Powell.

Earlier this week, Trump selected Senator JD Vance as his running mate. Vance, an Ohio Republican, has a favorable view of cryptocurrencies. criticized the Securities and Exchange Commission While filing a lawsuit against cryptocurrency startup DEBT Box.


Disclaimer: The Block is an independent media outlet providing news, research and data. As of November 2023, Foresight Ventures is the largest investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information on the cryptocurrency industry. Below are the current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be legal, tax, investment, financial or other advice.

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