Breaking: US Presidential Candidate Donald Trump Vows To Support Crypto Companies

Donald Trump, the former President of the United States and Republican Presidential hopeful in the election later this year has once again thrown his weight behind crypto.

Donald Trump Courts Crypto Again

According to a post he shared on his social media platform Truth Social, the former President revealed plans to support crypto companies. It has long been noted that the innovative firms in the digital currency ecosystem are leaving the country for fear of unfavorable regulation.

In the post shared by Messari Founder Ryan Selkis, Donald Trump said the support his next administration will give to crypto will extend to the broader industry. In his words, Donald Trump called the new ecosystem a “new and burgeoning industry,” a description many believe shows a true understanding of the industry.

pic.twitter.com/gwpbAchbBo

— Ryan Selkis (d/acc) (@twobitidiot) May 25, 2024

Throughout the campaign process, Donald Trump has showcased his love for crypto beyond just words. Besides clearly revealing he would support the new asset class, he has started receiving donations for his campaign in cryptocurrencies like Bitcoin.

This is a breaking news, please check back for updates!

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