Donald Trump's Changing Stance on Cryptocurrencies

Former President Donald Trump's stance on cryptocurrencies has shifted, with him now expressing support for the industry and pledging to promote Bitcoin mining in the US if re-elected. Crypto lobbyists have gained his backing as he aims for a more hands-off regulatory approach compared to the Biden administration.

Republican National Committee's Support for Bitcoin

The Republican National Committee approved a draft of the 2024 party platform supporting Bitcoin and opposing Democrats' crackdown on cryptocurrencies. Former President Trump and GOP are embracing the cryptocurrency industry. Donations have been made to Trump's campaign by industry leaders.

Former President Donald Trump as a 'crypto president'

Former President Donald Trump declares himself as a 'crypto president' at a Silicon Valley fundraiser, contrasting with the Biden administration's anti-innovation stance. Trump vows to support cryptocurrencies and Bitcoin, promising to halt the Biden-Gensler crusade against crypto if re-elected.

Former President Trump's Pledge at Libertarian National Convention

Former President Trump vows to commute the prison sentence of Ross Ulbricht, the founder of Silk Road, in an address to the Libertarian National Convention. He also pledges to protect cryptocurrencies by stopping President Biden's efforts to regulate them.