in

Amounts donated to Donald Trump’s campaign can be paid with cryptocurrency.

Trump had a meeting with the NFT holders whose tokens were in his collection.
According to the politician, non-fungible tokens are once again trending.
Donations to his election campaign, he claims, will be accepted in cryptocurrency.
The fact that Biden does not comprehend the inner workings of cryptocurrency was another point of criticism from Trump.
The US presidential candidate, Donald Trump, has declared that he will take cryptocurrency donations for his campaign. If elected, he further pledged to back the industry.
It appears that Donald Trump made this remark in December 2023 during a meeting with the owners of NFTs from his Mugshot Edition collection. The Florida villa known as Mar-a-Lago was the site.

Rohun Vora, better known as Frank, a co-founder of the DeGods project, was one of the guests. He pressed Trump for details on his plans to oversee the cryptocurrency industry once he takes office.
The lawmaker went on to say that President Joe Biden has no idea what they’re talking about when they say the present administration is against the cryptosphere:
The presidential candidate made remarks about NFTs as well as crypto assets generally. He claims that he and his colleagues revived interest in this industry:
Keep in mind that the politician has put out multiple NFT collections, such as the Mugshot Edition mentioned earlier. Their demand is skyrocketing. Mechanism Capital, a venture capital firm, even invested in NFTs and tokens with a Trump theme.

The world of cryptocurrency and Donald Trump
While expressing the hope that he will follow through on his pledge to ensure fair and transparent regulation, Vora claims that the politician is naive about the level of support he can receive from the digital asset community.

Avichal Garg, co-founder of Electric Capital, expressed surprise at Trump’s “evolution” of opinions. If he keeps talking this way about the digital assets industry, he claims, it will become “anti-Biden” and eventually “anti-democratic” over time.

Let us not forget that we have already covered the fact that 20% of American voters anticipate cryptocurrency regulation to be a major campaign issue.

Concurrently, analysts at Standard Chartered pointed out that the industry and the Bitcoin market would benefit more from a Trump victory.

What do you think?

521 Points
Upvote Downvote