Former US President Donald Trump has made a significant shift in his stance on cryptocurrencies, pledging to protect the rights of the nation's 50 million crypto holders and opposing the establishment of a central bank digital currency (CBDC). Speaking at the Libertarian National Convention, Trump assured that under his leadership, the future of crypto and Bitcoin would thrive within the US. This marks a departure from his previous skepticism towards the asset class. Trump's open endorsement represents a milestone for crypto companies, which have been lobbying in Washington and investing heavily to shape the 2024 elections. This development signals a promising future for the crypto industry, particularly in the DeFi and BRC 20 sectors.