Former President Donald Trump's Pro-Crypto Pledges and Impact on the Election

Sunday, 26 May 2024, 10:50
Former President Donald Trump reaffirms his backing for the cryptocurrency sector, positioning the US as a global leader. Trump contrasts his pro-crypto stance with Biden's, promising to safeguard self-custody rights and resist the creation of a central bank digital currency. His support for the crypto industry boosts his election prospects, with predictions favoring him over Biden on platforms like Polymarket.
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Former President Donald Trump's Pro-Crypto Pledges and Impact on the Election

Donald Trump's Latest Pledges to the Crypto Industry

Former US President Donald Trump expresses strong commitment to cryptocurrency industry, emphasizing US leadership.

  • Support for Cryptocurrency: Trump is positive towards crypto companies and aims for US to lead in the sector.
  • Self-Custody Rights: Trump pledges to defend the right to self-custody for crypto holders and prevent central bank digital currency creation.
  • Pardoning Ross Ulbricht: Trump promises to commute Ulbricht's sentence if re-elected.

Impact on US Presidential Election

Trump's pro-crypto actions boost his election prospects against Biden, with Polymarket favoring his chances at 56%.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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