According MK Dunkley, marketing director of DEX aggregator Unizen, Donald Trump speech at the upcoming conference in Nashville, Tennessee, later this month is a “crucial moment for the industry.”
A spokesperson confirmed to CoinDesk that former President Trump will speak for 30 minutes at 2 p.m. CT. the last day of the conference, which will run from July 25 to 27.
“Donald Trump's newfound support for blockchain technology and cryptocurrencies marks a pivotal moment for the industry,” Dunkley told Investing.com. “His advocacy for a balanced regulatory environment that promotes innovation, coupled with his opposition to central bank digital currencies (CBDCs) due to privacy concerns, underscores a strong acceptance of digital assets.”
Trump has recently shown his support for the cryptocurrency industry. Last month, in a post on the social media platform Truth Social, he claimed: “Bitcoin mining may be our last line of defense against a CBDC. Biden's hatred of Bitcoin only helps China, Russia, and the radical communist left. We want all remaining bitcoins made in the USA! It will help us dominate energy.”
In May, the Trump campaign announced it would begin accepting cryptocurrency donations. Dunkley believes that “by accepting donations in cryptocurrencies, the Trump campaign Not only Signals a commitment to the future of digital finance but also paves the way for unprecedented growth and regulatory clarity in the crypto space.”
“This bullish stance positions the United States as a leader in blockchain technology and digital currencies,” he added.
Meanwhile, Tristan Dickinson, CMO in exSaturday he told Investing.com that “Trump's attendance at BTC Nashville, the world's largest Bitcoin conference, is a positive development for the entire crypto ecosystem.
“Uncertainty surrounding US regulations and a lack of clear direction from the SEC have hampered the growth of one of the largest markets,” Dickinson said. “Global adoption of Bitcoin is on the rise, and having a US presidential candidate speak at a cryptocurrency conference for the first time is very promising.”
