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 He works with his father in the cryptocurrency domain and sees decentralized finance as necessary to modernize outdated financial systems.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

Zoho Projects: The Integrated Powerhouse for the Finance Ecosystem

chest

Zoho Projects is often regarded as the unsung hero of the project management world, offering robust capabilities backed by the extensive Zoho ecosystem.

user avatarLuis Flores

Protecting Against SIM Swaps and Account Takeovers

chest

SIM swaps pose a significant risk to crypto account security. Attackers take control of victims' phone numbers to access accounts, bypassing two-factor authentication.

user avatarSon Min-ho

Russia's Struggle for Technological Independence

chest

A report reveals Russia's ongoing reliance on foreign technology despite plans for self-sufficiency by 2030.

user avatarDiego Alvarez

AI Research Community Confronts Credibility Issues Amidst Low-Quality Submissions

chest

The AI research community is facing a credibility crisis due to a surge in low-quality submissions and peer reviews, largely attributed to the use of automated writing tools.

user avatarElias Mukuru

Top Rarity and Valuation Tools for NFT Investors

chest

Rarity and valuation tools are critical for NFT investors to assess the value of their assets in a competitive market.

user avatarGustavo Mendoza

The Shift to Financialized Marketplaces in NFT Trading

chest

NFT marketplaces are evolving into financialized platforms, enhancing liquidity and capital efficiency for traders.

user avatarMiguel Rodriguez

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.