Former US President and presidential candidate, Donald Trump, has emerged as a fervent supporter of cryptocurrencies, introducing himself as the 'crypto president' at a fundraising event in San Francisco. Trump, a Republican figure, leveraged the event to express his admiration for cryptocurrencies and criticize the Democratic stance on industry regulation.

The fundraiser, hosted at the residence of tech venture capitalists David Sacks and Chamath Palihapitiya in San Francisco's Pacific Heights neighborhood, garnered $12 million in contributions. Attendees confirmed Trump's declaration of his crypto-centric aspirations. Notable tech executive Trevor Traina, who serves as Trump's former ambassador to Austria, echoed Trump's commitment to cryptocurrencies.

Expounding on the significance of cryptocurrencies, Republican National Committee member Harmeet Dhillon underlined Trump's robust backing for the industry. Despite his vocal support, Trump refrained from delineating specific policies related to cryptocurrencies.

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