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Home»Regulation»‘I’m Fine with It’: Donald Trump, a Former Digital Asset Skeptic, Continues to Court the Crypto Vote
'I'm Fine with It': Donald Trump, a Former Digital Asset Skeptic, Continues to Court the Crypto Vote
Regulation

‘I’m Fine with It’: Donald Trump, a Former Digital Asset Skeptic, Continues to Court the Crypto Vote

2024-05-10No Comments2 Mins Read
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Former US President Donald Trump is seeking the support of the crypto community to return to the White House.

In videos shared by crypto influencer Frank Degods on the social media platform X, Trump tells a group of supporters who purchased his Mugshot Edition non-fungible tokens (NFTs), through which he accepts crypto donations for his campaign.

“Can we donate to the Trump campaign using crypto? I believe the answer is yes.”

Him too criticizes President Joe Biden and US Securities Chairman Gary Gensler say they oppose digital assets.

“[SEC Chair] Gensler is very much against it, the Democrats are very much against it.”

Trump also says he has no problem with crypto’s current popularity as he pushes digital asset advocates to vote for him in the upcoming November elections.

“A lot of people are very much in favor of it – probably a lot of people in this group and I’m fine with it. I want to make sure it’s good and solid and everything else, but I’m good at it. If you like crypto in any form, and it comes in many different forms, if you are in favor of crypto, you better vote for Trump.”

The former president was a crypto critic. In May 2018, while serving in the Oval Office, he reportedly instructed then-Treasury Secretary Steven Mnuchin to “go after Bitcoin.” [for fraud].”

In a 2021 interview, Trump said he had not invested in digital assets and that crypto might be fake.

“I love the currency of the United States. I think the others are potentially a disaster waiting to happen.”

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