• 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 He works with his father in the cryptocurrency domain and sees decentralized finance as necessary to modernize outdated financial systems.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

Bitget Under Fire Amid Allegations of Market Manipulation

chest

Bitget is under investigation after significant withdrawals of LAB tokens raised concerns about market manipulation.

user avatarAisha Farooq

Trump Family Profits from World Liberty Financial Sales

chest

A Bloomberg investigation reveals the Trump family profited approximately $155 billion from World Liberty Financial sales, while early investors are locked out of 80% of their holdings.

user avatarTenzin Dorje

Australia to Eliminate 50% Capital Gains Tax Discount in Major Budget Overhaul

chest

The Australian government plans to eliminate the 50% capital gains tax discount for assets held longer than 12 months, affecting various investors including crypto holders.

user avatarBayarjavkhlan Ganbaatar

David Schwartz Appointed Honorary Board Member of XRP Ledger Foundation

chest

David Schwartz has been appointed as an honorary board member of the XRP Ledger Foundation to strengthen its technical stewardship and community engagement.

user avatarElias Mukuru

XRP Ledger Foundation Restructures Leadership Team for Enhanced Engagement

chest

The XRP Ledger Foundation has restructured its leadership team, introducing a new operating team to enhance technical stewardship and community engagement.

user avatarMohamed Farouk

Capital B Secures €152 Million in Private Share Placement

chest

Capital B, a major Bitcoin treasury company in Europe, has successfully raised €152 million through a private share placement, with significant backing from Blockstream CEO Adam Back and asset manager TOBAM.

user avatarDiego Alvarez

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.