Trump's Pro-Bitcoin Stance Could Transform America - News Summed Up

Trump's Pro-Bitcoin Stance Could Transform America


(Photo by Jon Cherry/Getty Images) Getty ImagesHistory was made at the bitcoin conference in Nashville as former President Donald Trump delivered a keynote speech. He added that America would become a “bitcoin mining powerhouse” and urged supporters to never sell their bitcoin. As the GOP embraces 'Bitcoin Rights,' the United States could see more federal policies supporting cryptocurrency, influenced by grassroots advocacy and state-level successes. While the GOP has clearly defined its pro-bitcoin stance, the Biden administration has also acknowledged the importance of bitcoin. As the U.S. continues to shape its bitcoin policies, global regulatory frameworks are likely to follow.


Source: Forbes July 28, 2024 13:59 UTC



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