Biden

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Joe Biden

Donald Trump

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<p>Republican Presidential Contender Donald Trump has vowed to establish the future of crypto and Bitcoin in the US, in yet another pro-crypto campaign speech.</p>
<p>While speaking at the Libertarian National Convention in Washington last week, Trump said he would ensure that crypto businesses are not driven overseas.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Nothing is more powerful than an idea whose time has come. <a href="https://t.co/vTdbKHn6L8" rel="noopener noreferrer nofollow">pic.twitter.com/vTdbKHn6L8</a></p>
 <p>— Michael Saylor⚡️ (@saylor) <a href="https://twitter.com/saylor/status/1794641312127553825?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 26, 2024</a></p>
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<p>The Joe Biden administration has been under criticism for a coordinated effort to kill crypto. Trump is leveraging this to woe the millions of crypto voters in the US by promising them a friendly regulatory environment if elected in November.</p>
<h2 id="donald-trump-pitches-himself-as-pro-crypto">Donald Trump Pitches Himself as Pro-Crypto</h2>
<p>Trump is saying all the right words to appease crypto voters. In his recent speech, he promised to not only protect self-custody but also prohibit the creation of a central bank digital currency (CBDC).</p>
<p>“I will keep Elizabeth Warren and her goons away from your Bitcoin,” he added.</p>
<p>His speeches are already drawing attention from the bigwigs in crypto. Earlier this month, Cardano founder Charles Hoskinson <a href="https://insidebitcoins.com/news/cardano-founder-charles-hoskinson-accuses-joe-biden-administration-of-coordinated-effort-to-kill-crypto" target="_blank" rel="noopener noreferrer nofollow">said</a> that while the Trump administration had issues, it largely ignored the crypto industry.</p>
<p>The Block founder, Mike Dudas, also appears swayed by Trump’s recent sentiments. He said that while the Biden administration wanted to classify him as a criminal, Trump was promising to allow him to pursue his livelihood and provide for his family.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">look, i dislike this guy personally on like 1000 different levels</p>
 <p>but he's essentially saying that he's going to allow me to pursue my livelihood and provide for my family, investors, founders and their employees</p>
 <p>meanwhile the current admin wants to classify me as a criminal 🤷‍♂️ <a href="https://t.co/VUAIm0mjPA" rel="noopener noreferrer nofollow">pic.twitter.com/VUAIm0mjPA</a></p>
 <p>— Mike Dudas (@mdudas) <a href="https://twitter.com/mdudas/status/1794504582720065880?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 25, 2024</a></p>
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<p>However, not everyone is buying into Trump’s recent change of heart towards crypto. Adam Cochran, partner at Cinneamhain Ventures, <a href="https://x.com/adamscochran/status/1794701039460835431" target="_blank" rel="noopener noreferrer nofollow">believes</a> Trump is using crypto as a ruse to garner votes.</p>
<p>“Trump has a decades long history of back peddling, not paying his bills, selling out others for his own interests,” he said. “[He] isn’t someone to honor his transactions.”</p>
<h3 id="also-read">Also Read:</h3>
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Donald Trump Continues His Pro-Crypto Crusade, Vows to Establish Future Of Crypto In The US

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