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Trump Hints at Crypto Support Amidst Presidential Prospects

Published 03/12/2024, 03:57 PM
Updated 03/12/2024, 04:15 PM
Trump Hints at Crypto Support Amidst Presidential Prospects
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  • Former President Trump hints at support for cryptocurrencies amidst the 2024 presidential elections.
  • Trump acknowledges the rising use of crypto in transactions.
  • Trump stated he wouldn’t crack down on regulations if re-elected.

In a recent CNBC interview, Donald Trump, the former U.S. president, hinted at his support for digital currencies. Trump expressed a surprising openness towards Bitcoin (BTC) and other cryptocurrencies, which was a change from his traditional Republican views on monetary policy.

Mihailo Bjelic, the co-founder of Polygon, took to X to appreciate the former president’s recognition of the potential of crypto.

Trump’s stance appears to have shifted towards a more favorable outlook on cryptocurrencies. Despite his long-standing preference for the U.S. dollar, Trump acknowledged the increasing use of digital assets in everyday transactions.

Furthermore, CNBC noted that the former president …

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