The leader of the Republican party who will run again in the elections against Joe Biden this year, ratified his approval of the industry.
The former president of the United States, Donald Trump, He stated that he is “very open” to “everything related to this new and flourishing industry” in reference to cryptocurrencies.
“Our country must be the leader in the field, there is no second place,” Trump declared in a May 25 post on Truth Social, a social media platform owned by Trump Media and Technology Group (TMTG).
“I am very positive and open to cryptocurrency companies and everything related to this new and flourishing industry,” he confirmed before criticizing the current president, Joe Biden, with whom he faces in the 2024 presidential race, with election day in the US scheduled for November 4.
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Donald Trump’s link with cryptocurrencies
According to Polymarketa New York-based crypto prediction platform, Trump has a 56% chance of winning the elections, while current President Joe Biden has a 38% chance.
This comes just after Trump announced that his presidential campaign towould accept donations in cryptocurrencies. On May 21, the Trump 2024 campaign said it had launched a fundraising page for eligible people to donate in cryptocurrency using the Coinbase Commerce product.
The website featured logos of Bitcoin (BTC), Ether (ETH), Dogecoin (DOGE), Shiba Inu (SHIB), XRP (XRP), USD Coin (USDC), Solana (SOL) and 0x (ZRX). Although some states do not allow cryptocurrency donations in state races under existing campaign finance laws, the Federal Election Commission does allow committees to receive bitcoin as contributions.
In addition to making positive public announcements about cryptocurrencies, Trump has also met with cryptocurrency leaders. Recent reports indicated that people who cThey bought non-fungible tokens (NFT) of Trump’s “mugshot” had the opportunity to have dinner with the former president on May 8 at his Mar-a-Lago residence.
Source: Ambito
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