Bitcoin

Donald Trump wants to double down on his support for cryptocurrencies and make all remaining Bitcoins made in the United States.

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former US president donald trump He reiterated his pro-crypto stance ahead of November’s presidential election, saying he wants all Bitcoin not yet mined to be created in the United States.

“Bitcoin mining may be our last line of defense against CBDCs,” Trump said in a post on Truth Social on June 11. “Biden’s hatred of Bitcoin only helps China, Russia and the radical communist left.”

File:Donald Trump (29496131773).jpg - Wikimedia CommonsFile:Donald Trump (29496131773).jpg - Wikimedia Commons

Trump meets with miners to manufacture remaining BTC in the US

At a meeting with several Bitcoin miners at Mar-a-Lago on the night of June 11th, Trump said heIf elected, you cannot defend the BTC mining industry.

Representatives from Nasdaq-listed mining companies CleanSpark Inc. and Riot Platforms attended the event.

“I just ran into someone who is a huge fan of Bitcoin and likes what we do at CleanSpark Inc. in Georgia, Mississippi and Wyoming,” company co-founder S. Matthew Schultz wrote in a June 12 X post. He said. , mentioning a meeting with Trump.

Cryptocurrency becomes a hot topic in American politics

Trump’s support for BTC miners comes amid growing interest in cryptocurrencies in American politics. Trump was the first presidential candidate to develop a pro-crypto stance after announcing that his campaign would allow cryptocurrency donations.

Current President Joe Biden also contacted cryptocurrency industry officials to respond.

“While Trump has championed deregulation and innovation in financial technology, Democrats like Biden and his official surrogate Elizabeth Warren continue to believe that government alone is the answer to how our country leads the world,” the Trump campaign said in a statement. revealed. name last month.

Meanwhile, billionaire Mark Cuban warned Biden campaigned that the president’s loyalty to Securities and Exchange Commission (SEC) Chairman Gary Gensler could cost him the election.

He added that cryptocurrency voters will be heard in this election, which could be detrimental to Biden given Gensler’s aggressive approach to regulating the digital asset industry.

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