Former US President Trump stated that Bitcoin has “found its way” but also needs some regulation. He mentioned that he can accept BTC in some way, but his favorite currency remains the US dollar.
(Background: Trump campaigned emphasizing “never issuing CBDC”: the government will steal your money!)
(Additional information: Trump enters the Bitcoin Ordinals NFT! Price: $9,900, limited to 200 globally.)
Table of Contents:
Trump: I can accept Bitcoin in some way
Trump: No issuance of CBDC allowed
Trump’s TRUMP meme coin is worth $2.11 million
The upcoming US presidential election in November has attracted global attention. Former US President and Republican frontrunner Donald Trump’s chances of running for the presidency in 2024 have increased after winning the Iowa caucuses within his party.
Trump: I can accept Bitcoin in some way
We know that back in 2019 when Trump assumed the presidency, he expressed on the social media platform X (formerly Twitter):
However, with multiple Bitcoin spot ETFs gaining approval from the US SEC for listing in January this year, cryptocurrency voters have become an important battleground in the presidential election. Trump’s attitude towards Bitcoin seems to have undergone some change.
During an interview with Fox News anchor Laura Ingraham on Tuesday (20) regarding the question of whether the logical next step for the US is to embrace Bitcoin, he stated:
Trump: No issuance of CBDC allowed
Just last month, during a campaign speech in Portsmouth, New Hampshire, Trump emphasized that if he were to become the US President, he would ban the creation of central bank digital currencies (CBDCs) to prevent government persecution of the American people.
Trump also emphasized the implementation of strict protective measures to ensure that citizens’ bank accounts are not unjustly treated by banks or regulatory institutions based on their political positions. Under his leadership, the security of citizens’ assets will be fully guaranteed.
Trump’s TRUMP meme coin is worth $2.11 million
According to the cryptocurrency intelligence company Arkham’s monitoring yesterday (23), the token value of the TRUMP meme coin previously gifted to Trump by the TRUMP coin issuing team has now reached $2.11 million, with a 300-fold increase.
[Image]
Related Reports
Coinbase invites Trump and Biden to discuss cryptocurrency policy, establishes blockchain advocacy group “Stand With Crypto”
Trump releases another NFT! Superb empowerment: dinner in a suit and mansion while being imprisoned… priced at $99
Bitcoin becomes a “anti-Biden consensus” in both US parties: Trump’s strong rival Ron DeSantis runs for president, declaring protection of cryptocurrencies.