Former president Donald Trump continues to invoice himself because the crypto-friendly candidate in a bid to safe donations from the digital asset sector.
Trevor Traina, a tech government, tells Reuters that Trump mentioned “he can be the crypto president” at a latest San Francisco fundraiser.
Traina beforehand served because the US ambassador to Austria through the Trump Administration.
The previous president has beforehand expressed hostility in the direction of the digital asset sector. In Might 2018, whereas serving within the Oval Workplace, he reportedly directed then-Treasury Secretary Steven Mnuchin to “go after Bitcoin [for fraud].”
Three years later, Trump mentioned in an interview that he owned zero cryptocurrencies, arguing that digital belongings have been “a catastrophe ready to occur.”
The previous president, nonetheless, has spent the previous couple of years warming as much as the sector in a bid to distinguish himself from the Biden Administration, which some crypto stakeholders view as hostile in the direction of digital belongings.
In December 2022, Trump launched a group of non-fungible tokens (NFTs) on the Ethereum (ETH)-based platform OpenSea, weeks after formally saying his intention to run for the 2024 presidential election.
A monetary disclosure filed with the Workplace of Authorities Ethics final yr indicated the previous president owned a cryptocurrency pockets with holdings valued someplace between $250,001 and $500,000.
And final month, Trump declared to a gaggle of supporters who purchased his NFTs that he’s “wonderful” with digital belongings. A couple of weeks later, his marketing campaign introduced it might settle for crypto donations for the 2024 election.
Trump has since been convicted of 34 felonies by a jury of 12 New Yorkers.
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