Author: Kevin Reynolds Source: coindesk Translation: Shan Ouba, Golden Finance
Donald J. Trump today reinforced his recent support for cryptocurrencies, posting on social media: "I am very positive and open to cryptocurrency companies and all things related to this emerging industry." With the upcoming presidential election, both parties seem to be wooing voters who support cryptocurrencies.
"Our Country must lead in this field and cannot settle for second," Trump posted on Truth Social before speaking at the Libertarian Party National Convention in Washington, D.C. later today.
Trump then attacked his rival: "In contrast, Joe Biden is the worst President in the history of our Country and he wants cryptocurrency to die a slow and painful death."
Since Trump deliberately wooed voters who support cryptocurrencies, Washington's attitude towards cryptocurrencies has become noticeably softer. First, the former president made pro-cryptocurrency remarks at a Mar-a-Lago dinner earlier this month. Then last Tuesday, Trump’s presidential campaign began accepting cryptocurrency donations, making good on the presumptive Republican nominee’s promise to become the first major party candidate to accept Bitcoin, Ethereum and other digital currencies.
Following Trump’s pro-cryptocurrency remarks and actions, the Biden administration’s opposition to cryptocurrencies and the traditionally crypto-opposing Securities and Exchange Commission appear to have softened. Last Wednesday, the White House issued a statement opposing the House’s passage of the Cryptocurrency Market Structure Act, but Biden did not threaten a veto. The House went ahead and approved the bill, which will now go to the Senate. Then last Thursday, the Ethereum exchange-traded fund (ETF) took a major step toward listing in the United States after receiving approval of key regulatory documents from the Securities and Exchange Commission. A month ago, such approval was considered extremely unlikely.
Golden Finance launches the 2341st issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest news on the digital currency and blockchain industry.
JinseFinanceFormer US President Donald Trump claimed that he was "very open-minded" about "everything related to this emerging industry."
JinseFinanceThe Trump campaign team announced it will start accepting cryptocurrency donations to attract younger voters. The plan involves accepting various digital assets, including Bitcoin and Ethereum, through the Coinbase platform.
WeiliangPresidential candidate Trump’s stance on cryptocurrencies has shifted from being against Bitcoin to being in favor of cryptocurrencies.
JinseFinanceUnited States, Trump, Trump and Biden start the battle of "Crypto Election" Golden Finance, starting this year, people all over the world have been paying attention to the US election.
JinseFinanceTrump champions cryptocurrency, slams Biden administration's crypto stance, and draws attention to pro-Trump meme coins at a Mar-a-Lago event.
Cheng YuanDonald Trump said he would help “make NFTs hot again” and even criticized his own political opponent’s unofficial memecoin, causing the price of that token and memecoins associated with himself to surge.
JinseFinanceAs the US braces for upcoming elections, the political landscape is witnessing a surge in discussions surrounding digital currency policies as well as over $102M raised by crypto PACs.
CatherineDuring Trump's presidency, the approach to cryptocurrency was cautious and regulatory-focused. Key actions included increased scrutiny, concerns over Facebook's Libra, and the introduction of Bitcoin futures. Regulatory bodies like the SEC and IRS issued guidelines, emphasizing the need for oversight and taxation. While there were some shifts in attitude, overall, the administration remained cautious, prioritizing stability and security in the financial system.
Cheng YuanTrump's attitude towards cryptocurrency appears to have softened, possibly influenced by the increasing usage among merchandise buyers. While he has expressed a more tolerant stance towards the digital asset market, critics question his motives, suggesting he may be leveraging the issue for personal gain.
Cheng Yuan