“If we are going to accept it [cryptocurrency]we have to leave them [crypto companies] Being here,” Trump says.
Lamenting the flight of US businesses due to state hostilities towards cryptocurrencies, 2024 presidential candidate Donald Trump on Thursday threw his weight behind the much-debated digital money to cash in on the crypto community's vote. .
“If we're going to accept it, we have to let them be here,” the former US president said while speaking to a gathering of NFT holders at his Mar-a-Lago resort in Florida.
According NFT Squares, Trump hosted a group of buyers who purchased at least 47 of his NFT cards, priced at $99 each, at a dinner at his Mar-a-Lago estate.
Trump, who was never a big fan of electronic money, recently discovered his passion for cryptocurrencies and this coincided with a rise in its popularity among the crypto community.
A survey conducted in March by crypto investment firm Paradigm revealed that 48% of crypto investors were willing to support Trump at the polls, compared to 39% who favored the current president, Joe Biden.
During the event, Trump announced that his campaign was open to receiving donations in the form of Bitcoin and other crypto tokens.
He also criticized the current administration, accusing President Biden and US Securities and Exchange Commission (SEC) Chairman Gary Gensler of deliberately being at odds with cryptocurrencies.
Analysts, who closely follow Trump's crypto politics, believe that if the former president wins the presidential election in November, Bitcoin will be even better off.
The Mar-a-Lago cryptocurrency meeting also comes as the US House of Representatives passed a resolution condemning the US SEC's policy on crypto banking, exposing the widening gap between pro-crypto and anti-crypto political groups.
President Joe Biden's administration intends to veto a joint resolution that could change cryptocurrency policy overseen by the SEC.
On May 8, the White House criticized some members of the House of Representatives for attempting to pass a joint resolution.
