In a recent interview with NBC News and published on Monday, Trump reaffirmed his support for digital assets, stressing the importance of not leaving this sector to China.
Since his return to the White House as 47th President of the United States, Donald Trump has operated a strategic turn in favor of cryptocurrencies. Formerly skeptical, it again displays in a recent interview its clear desire to make the United States the world capital of cryptos.
“I am in favor of cryptos. I want cryptocurrencies for the United States. If we do not worry about it, China will do it. Bitcoin is very recent, very popular and attracts attention. If you look at the markets when they have dropped, Bitcoin has remained much stronger than the other sectors.” Donald Trump told NBC
Since its inauguration, several strong signals have been sent to the market. The Trump administration has raised many regulatory uncertainties by signing an executive decree aimed at accelerating the integration of digital assets in the national financial system. It also announced a temporary moratorium on the prosecution of the dry against the crypto actors, the time to redefine a clearer and pro-innovation framework. In addition, an inter-agencies commission dedicated to blockchain has been created, with the mission of promoting the emergence of web3 technological hubs in American territory.
These measures have been praised by several leaders of the ecosystem, who see it as a clear break with the more restrictive policies of the Biden era.
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Trump explains that he does not care about his own cryptocurrency
Paradoxically, the president seems little concerned by the same to be his effigy, the $ Trump, launched by entities affiliated with the Trump Organization. During the interview, he even seemed surprised to learn the recent increase in this token, following the announcement of a gala dinner on May 22 reserved for the 220 biggest holders of the $ Trump. Indeed, following this announcement, the token price went within a few days from 8.16 dollars to $ 15.59.
“I didn’t even know that he had increased, at what level did he have increased? Tell me because I have no idea.” asks Trump to the journalist
This distance displayed by the president contrasts with the profits generated by the same, which has brought back more than $ 320 million in transaction costs since its launch. In addition, a fundraising for another evening which took place this Monday: the “Crypto & AI Innovators Dinner”, raised considerable sums (with an entry ticket to 1.5 million dollars), aroused ethical concerns about a possible confusion between personal interests and public functions.
