From Investing.com: 2024-05-27 07:33:17

Former President Donald Trump has given his strongest endorsement of cryptocurrency yet, stating he is “very positive and open-minded” towards the industry. He criticized President Biden for not being supportive, emphasizing the need for the US to lead in this field.

Trump’s campaign is now accepting crypto donations through Coinbase, aiming to build a “crypto army” ahead of the next election. This move is seen as an effort to appeal to younger male voters who are increasingly interested in digital assets.

Despite previously expressing skepticism about cryptocurrencies, Trump’s recent comments indicate a shift in his stance. His embrace of NFTs, including Trump-branded trading cards, suggests a newfound enthusiasm for the digital asset space and its potential benefits.

Trump’s evolving views on crypto coincide with his appearance at the Libertarian National Convention, where he seeks to attract voters who align with his pro-crypto stance. His remarks may also be strategic in drawing support away from candidate Robert F. Kennedy Jr., a pro-crypto third-party contender.

Read more at Investing.com: Trump tweets support for crypto ahead of Libertarian convention speech By Investing.com