Trump speaking at Bitcoin Conference seen as 'pivotal moment' for crypto industry

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 81 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 53%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Trump speaking at Bitcoin Conference seen as 'pivotal moment' for crypto industry

A spokesperson confirmed to CoinDesk that former President Trump will speak for 30 minutes at 2 p.m. CT"Donald Trump's newfound support for blockchain and cryptocurrencies marks a pivotal moment for the industry," Dunkley told Investing.com."His advocacy for a balanced regulatory environment that promotes innovation, coupled with his opposition to central bank digital currencies due to privacy concerns, underscores a robust embrace of digital assets.

Trump has recently shown his support for the crypto industry. Last month, in a post on the social media platform Truth Social, he stated:"Bitcoin mining may be our last line of defense against a CBDC. Biden's hatred of Bitcoin only helps China, Russia, and the Radical Communist Left. We want all the remaining Bitcoin to be MADE IN THE USA!!! It will help us be ENERGY DOMINANT.

"The uncertainty surrounding U.S. regulations and the lack of clear direction from the SEC have hindered growth in one of the largest markets," says Dickinson."Bitcoin's global adoption is on the rise, and having a U.S. presidential candidate speak at a crypto conference for the first time is very promising.

Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.

It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines