Key Points
- The former US President, Donald Trump, said that he plans to accept crypto donations for his campaign.
- He promised to stop hostility towards crypto.
The former US President, Donald Trump, just said that he will make sure that crypto can be used for donations in his campaign.
Trump met with a group of NFT buyers the other day and promised to accept crypto, as shared via multiple videos uploaded on X by Frank Degods, an NFT creator and influencer.
In a clip shared on X by Degods, Trump asks if they can donate using crypto and says that he will make sure that this becomes an option.
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 appeared in a meeting to tell a group of buyers for his NFTs that the crypto persecution days will be over.
He continued and told the crowd that President Joe Biden does not even know what crypto is. He told people that if they like crypto in any form and if they are in favor of crypto, they should vote for him.
BREAKING: DONALD TRUMP IS FINE WITH CRYPTO pic.twitter.com/SCJDKdHQUB
— Frank (@frankdegods) May 9, 2024
Fox Business’ Eleanor Terrett also shared a post on her X account, detailing the promises made by Trump and making a comparison to what POTUS’ plans are.
She said that POTUS made it clear that he would side with Senator Warren and Gary Gensler to continue to support the SEC’s regulation enforcement. She also mentioned Trump’s promise to stop hostilities toward crypto.
The two presidential frontrunners planted their flags on very different sides of the #crypto debate today. @POTUS made clear he would side with @SenWarren and @GaryGensler by continuing to support the @SECGov’s regulation by enforcement.@realDonaldTrump said he would stop the…
— Eleanor Terrett (@EleanorTerrett) May 9, 2024
Making NFTs “hot again”
Trump made the remarks at a gathering that he organized to meet and dine with buyers of his Mugshot Edition NFTs on his day off from the current trial.
Guests invited to the dinner event have purchased more than 47 NFTs, each of them priced at $99, according to reports from Axios.
Trump said, “We did it when NFTs were not hot. We made NFTs hot again.”
Trump was also asked whether he would keep crypto businesses in the US, and he responded that he would work to retain them in the country.
He said that if crypto is moving out of the US because of hostility, he will stop it. He addressed embracing crypto and allowing it in the US.
Trump’s statements are definitely bullish for the crypto industry. Electric Capital co-founder Avichal Garg posted on X that it is amazing to see Trump’s stance on crypto.
It is amazing to see the evolution from @realDonaldTrump on crypto. Whoever is coaching him on this issue is crushing it.
If @JoeBiden stays anti-crypto, the downstream consequence is crypto goes from Anti-Gensler to Anti-Biden to anti-Democrats. https://t.co/R8bWy8DPsJ
— Avichal – Electric ϟ Capital (@avichal) May 9, 2024
Trump is the Republican candidate for the upcoming US presidential election in November 2024.
