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 He works with his father in the cryptocurrency domain and sees decentralized finance as necessary to modernize outdated financial systems.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

World Liberty Financial Introduces Super Nodes for Token Holders

chest

World Liberty Financial has launched Super Nodes, allowing token holders to gain voting rights and access to WLFI team members by locking 5 million tokens for six months.

user avatarGustavo Mendoza

Bonkfun Crypto Platform Hacked, Users Exposed to Wallet Draining Exploit

chest

Bonkfun crypto platform confirmed a hack exposing users to a wallet draining exploit.

user avatarRajesh Kumar

Surge in XRP Withdrawals from Binance Indicates Long-Term Holding

chest

Surge in XRP withdrawals from Binance indicates long-term holding as investors move coins off trading platforms.

user avatarArif Mukhtar

HSBC and Standard Chartered Lead Hong Kong's Stablecoin Initiatives

chest

HSBC and Standard Chartered are leading the charge in Hong Kong's stablecoin market, with plans for HKD-pegged tokens.

user avatarLuis Flores

Hong Kong to Grant First Stablecoin Licenses to HSBC and Standard Chartered

chest

Hong Kong is set to issue its first stablecoin licenses to HSBC and Standard Chartered, enhancing the safety and adoption of stablecoins in the region.

user avatarMiguel Rodriguez

Goldman Sachs Acquires Significant XRP Holdings

chest

Goldman Sachs has acquired close to 154 million XRP, establishing a significant institutional presence in the digital asset market.

user avatarMaria Gutierrez

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.