Donald Trump actively engages with the crypto community, raising substantial funds and pledging support for the sector against regulatory hurdles.
Points
- Trump’s engagement with the crypto community
- Significant fundraising from crypto donations
- Commitment to protecting crypto rights and promoting U.S. Bitcoin mining
Donald Trump is actively engaging with the crypto community, including high-profile endorsements and major fundraising events. Trump’s campaign has raised over $4 million in crypto donations, highlighting his commitment to supporting the crypto sector against regulatory hurdles.
Trump’s campaign has received donations in various digital tokens, such as ether, dogecoin, USDC, Shiba Inu coin, and XRP. Notably, Jesse Powell, the founder of Kraken, donated around $845,000 in ether, and Stuart Alderoty, the chief legal officer of Ripple, attended a Trump fundraiser event in San Francisco, donating $300,000 in XRP.
Trump has pledged to protect the rights of those who self-custody their coins, avoiding reliance on centralized entities like Coinbase. At the Libertarian National Convention, he promised to protect Bitcoin holders from critics like Sen. Elizabeth Warren. Following a meeting with bitcoin mining executives, Trump declared that all future bitcoin would be minted in the U.S. if he returns to the White House.
Trump’s pro-crypto stance contrasts sharply with the Biden administration’s stricter regulations. He has criticized the current administration for impeding innovation by increasing taxes and regulations. Trump’s dedication to promoting U.S. leadership in developing technology has garnered significant support from the crypto community.
The cost of premium tickets to Trump’s fundraising events includes perks like a roundtable discussion with Trump. The next tier offers a picture opportunity with the former president and costs $60,000 for an individual or $100,000 for a pair.
解説
- Pro-crypto engagement: Trump’s active involvement with the crypto community and significant fundraising demonstrate his support for the sector.
- Policy commitments: Trump pledges to protect self-custody rights and promote Bitcoin mining in the U.S., contrasting with the current administration’s approach.
- Community support: High-profile donations and endorsements reflect strong support for Trump’s pro-crypto stance and potential impact on future regulations.