Trump's new crypto business could create more conflicts if he's elected president

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Lara Trump Notícia

District Of Columbia,United States Government,General News

Donald Trump is promising to make America the “crypto capital of the planet” if he returns to the White House. Fulfilling that promise would likely pay off for him personally.

FILE - Republican presidential nominee former President Donald Trump speaks at the Bitcoin 2024 Conference July 27, 2024, in Nashville, Tenn. FILE - Republican presidential nominee former President Donald Trump speaks at the Bitcoin 2024 Conference July 27, 2024, in Nashville, Tenn. FILE - Republican presidential nominee former President Donald Trump speaks at the Bitcoin 2024 Conference July 27, 2024, in Nashville, Tenn.

are forms of digital money that can be traded over the internet without relying on the global banking system. They are commonly traded on exchanges, which are marketplaces that can be used to buy, sell and trade cryptocurrencies. Exchanges often charge fees for withdrawals of Bitcoin and other currencies.

During his time in the White House, Trump said he was “not a fan” of cryptocurrency and tweeted in 2019, “Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity.”that the campaign would begin accepting donations in cryptocurrency as part of an effort to build what it calls a “crypto army” leading up to Election Day; tothis year, promising to make the U.S.

Dustin Stockton, a pro-Trump activist turned crypto influencer, said he is supportive of the former president’s endeavors in the crypto space and the upcoming launch of World Liberty Financial.

 

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