Donald Trump continues his support for crypto by reportedly declaring his intention to become the 'crypto president' at a recent fundraiser event.
Donald Trump reportedly announced his goal to be the "crypto president" at the event, where he raised $12 million.
Former United States President Donald Trump is intensifying his cryptocurrency advocacy as part of his 2024 presidential campaign, now proclaiming his goal of becoming the"crypto president," according to a recent Reuters report.declared"he would be the crypto president” at a fundraising event in San Francisco hosted by general partner of Craft Ventures, David Sacks, and tech billionaire Chamath Palihapitiya.
The event reportedly helped Trump raise $12 million to support his promotional efforts leading up to the U.S. election on November 5. Trump also reiterated his support for crypto and his plans to push the industry forward, while pointing out the Democratic Party's intention to take the opposite approach with harsh regulations — which the crypto industry in the nation commonly refers to as regulation-by-enforcement.It comes only a week after current U.S. President Joe Biden received backlash from the crypto industry after vetoing a resolution that would have overruled the U.S.
“I am very positive and open minded to cryptocurrency companies, and all things related to this new and burgeoning industry,” he added.
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