• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Donald Trump Declares Support for Cryptocurrencies and Aims to Make the US the Crypto Capital

user avatar

by Giorgi Kostiuk

a year ago


Donald Trump, who is set to assume the presidency on January 20, is drawing attention with his pro-Bitcoin and cryptocurrency stance. His son Eric is also actively involved in the crypto sphere.

Trump Family's Support for Cryptocurrencies

Donald Trump's sons, including Eric Trump, have come to the fore with their pro-cryptocurrency stance. According to Eric, his father is striving to position the US as the world's crypto capital and is firm in his intention to include cryptocurrencies in the US balance sheet with tax breaks.

Eric Trump's Cryptocurrency Portfolio

Eric Trump has revealed that he also invests in cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Sui (SUI). He works with his father in the cryptocurrency domain and sees decentralized finance as necessary to modernize outdated financial systems.

Criticism of the SEC and Future Plans

Eric Trump criticized the Securities and Exchange Commission (SEC) under Gary Gensler, stating that it has begun a 'war' against the crypto sector. He added that his father plans to compensate for the damage done to the crypto industry and aims to make America the crypto capital, with transparency as a hallmark.

Donald Trump's and his family's support for cryptocurrencies underscores their intention to make the US a leading figure in the global crypto industry. Despite their criticism of the SEC, they see potential in decentralized finance and continue their efforts in this area.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Solana Price Faces Downward Correction After Failing to Maintain Above 85

chest

Solana's price has dipped below 85, entering a short-term bearish zone, while showing signs of potential consolidation.

user avatarRajesh Kumar

US Treasury Launches Cybersecurity Initiative for Crypto Industry

chest

The US Department of the Treasury has announced a new initiative aimed at enhancing cybersecurity measures for digital asset firms.

user avatarMiguel Rodriguez

Adam Back Responds to Bitcoin Creator Speculations

chest

Cryptographer Adam Back clarifies his tweet 'We Are All Satoshi', denying claims of being Bitcoin's creator and emphasizing the importance of anonymity in the cryptocurrency space.

user avatarLuis Flores

Binance and OKX Founders Clash Again Over Autobiography

chest

The feud between Binance founder Changpeng Zhao and OKX founder Star Xu has resurfaced, sparked by Zhao's autobiography.

user avatarArif Mukhtar

Ripple Obtains Conditional Authorization for National Bank Charter.

chest

Ripple has received conditional approval for a national bank charter, allowing it to custody digital assets and gain access to the Federal Reserve System.

user avatarMaria Gutierrez

Crypto Creators Seek Alternatives Amid YouTube Bans

chest

Crypto creators are exploring alternative platforms like Bitchat, Odysee, and Rumble due to ongoing bans of crypto channels on YouTube.

user avatarAndrew Smith

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.