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 He works with his father in the cryptocurrency domain and sees decentralized finance as necessary to modernize outdated financial systems.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

Delayed US Jobs Report Raises Concerns Over Labor Market Dynamics

chest

The delayed release of the US jobs report has sparked debate on the Federal Reserve's interest rate strategy as hiring rebounds but unemployment rises.

user avatarLuis Flores

Launch of ChipForge Subnet Marks New Era for Bittensor

chest

Launch of ChipForge, a new subnet focused on AI hardware design, marks a significant expansion for Bittensor into a new market worth tens of billions.

user avatarArif Mukhtar

Tesla Stock Reaches New Heights as Driverless Testing Gains Momentum

chest

Tesla's stock TSLA closed at a record high of 48988, driven by successful driverless vehicle testing in Austin, marking a significant recovery.

user avatarMaria Gutierrez

Increased Trading Volume Highlights Key Support and Resistance Levels for HBAR

chest

Recent trading activity for HBAR has shown significant volume spikes, particularly during sessions where the price tested resistance near 0.119.

user avatarAndrew Smith

Hedera's HBAR Token Hits Multi-Month Lows Amid Market Weakness

chest

Hedera's HBAR token has dropped to its lowest levels in over a year, currently trading around 0.11012, reflecting broader market weaknesses and specific project challenges.

user avatarDavid Robinson

Market Sensitivity Heightened Amidst XRP Price Movements

chest

Current market conditions show increased sensitivity to macro shocks and liquidity constraints.

user avatarJacob Williams

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.