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Market News

Trump to Accept Crypto Donations for 2024 Campaign

Trump vows to keep crypto businesses in the U.S., contrasting Biden's less informed stance on the industry.

Written By:
Ezra Kaimenyi

Last updated: May 10, 2024 12:22 PM
Published May 9, 2024 12:48 PM
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Last updated: May 10, 2024 12:22 PM
Published May 9, 2024 12:48 PM
Trump to Accept Crypto Donations for 2024 Campaign

Republican presidential candidate Donald Trump will accept cryptocurrency donations for his 2024 presidential run. He announced this during an event attended by supporters who bought his “Mugshot Edition” NFTs. NFT influencer Frank Degods shared details of the event on X.

When asked about the possibility of donating using cryptocurrency, Trump confidently replied, “If you can’t, I’ll make sure you can.”

BREAKING: DONALD TRUMP ASKED “CAN WE DONATE USING CRYPTO?”

“IF YOU CANT, I’LL MAKE SURE YOU CAN” pic.twitter.com/Nm2YjqxwSI

— Frank (@frankdegods) May 9, 2024

Trump took the opportunity to reiterate that he was on the industry’s side. He even scheduled to meet his supporters who bought his Mugshot Edition NFTs for dinner yesterday. In contrast, President Joe Biden is less knowledgeable about the cryptocurrency industry.

Trump said he wanted to keep cryptocurrency businesses in the United States, referring to possible regulatory conflicts that might send them abroad.

“If crypto is moving out of the U.S. because of hostility toward it, we’ll stop it. I don’t want that,” he declared. “If we’re going to embrace it, we have to let them be here.” Trump’s comments highlight his aim to attract supporters from the cryptocurrency community and those involved in digital finance.

“We did it when NFTs were not hot. We made NFTs hot again,” Trump added.

This move comes as Trump positions himself as a pro-crypto candidate, promising to foster an environment that allows the cryptocurrency sector to thrive domestically.

Also Read : Donald Trump Hosts Dinner for NFT Buyers Amid New York Trial

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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TAGGED:CryptocurrencyDonald TrumpUnited States
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By Ezra Kaimenyi
Ezra, a seasoned content writer, with three years of blockchain experience from various industry projects, offering adept analysis and latest news

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