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Donald Trump reveals new Bitcoin plan for first time US presidential candidate Donald Trump's Bitcoin plans are more than what he announced at the Bitcoin conference. Trump said $35 trillion in national debt could be paid in Bitcoin. US presidential candidate Donald Trump also revealed in a FOX interview published hours ago that he has other plans for Bitcoin. As it is known, at the Bitcoin conference held recently, Trump promised to use Bitcoin as a strategic reserve asset if he won the election. In addition, he promised to make the USA a "Bitcoin superpower". Apparently, Trump's plans on Bitcoin aren't limited to this. In his last interview, the presidential candidate said, “Who knows, maybe we can pay our national debt of 35 trillion dollars with crypto. We will give them some Bitcoin and delete our $35 trillion debt,” he said. Trump said the crypto is very interesting and in some respects very high-end. The presidential candidate said, “It already makes a difference". It is progressing. It is very freely regulated. This is one of the reasons why it progressed. This is a different currency and something that will benefit the country.” said. Trump continued his words and said that Biden is trying to block crypto. 'He has no idea what this is,' Trump said, 'others will adopt it if we don't adopt it. It's already a pretty big market. You've probably read that it's bigger than any company in the world. It is larger than many countries. "We can be leaders in this field.” he said. There is approximately 200 thousand BTC under the control of the USA. At current prices, this amount is over $12 billion. Cryptocurrencies, especially Bitcoin, constitute an important leg of the US election process. Especially the republican wing is developing a policy towards crypto and taking concrete steps. Finally, republican senator Cynthia Lummis had submitted a bill that would require the U.S. treasury to buy 1 million BTC for 5 years. This bill is expected to meet next year. $BTC #donaldtrump #UnitedStates

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FBI Issues Warning Over Crypto Exchange Scammers The Federal Bureau of Investigations (FBI) issued an alert on Thursday over crypto scam artists impersonating crypto exchanges in an attempt to steal victims’ funds. According to the newly released warning, the scam begins by contacting the intended victim, usually through an unsolicited phone call or message pretending to be an employee at a crypto exchange. FBI Issues Crypto Scam Alert From there, the con artist falsely tells their target that someone is trying to break into or compromise their account. The scammers then deceive the victim by telling them they “must safeguard their account by providing log-in information, clicking on a link, and/or providing identification information.” Using this information, the crypto fraudster can access the victim’s account and wipe it of funds. The FBI is urging potential targets of the digital asset scheme to avoid clicking links, downloading attachments, opening attachments or answering calls made by a suspected scammer. “If you receive a call or message indicating any kind of account problem or compromise, do not respond, even if it appears official and indicates you must act immediately,” the alert reads. However, if you answer a call, the FBI suggests you “hang up” immediately. “Call the cryptocurrency exchange’s official phone number to verify if there is a problem,” the federal agency states. “Do not use any phone number the caller provides.” #Crypto #Fbi

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Morgan Stanley to Allow Financial Advisors to Pitch Bitcoin ETFs Morgan Stanley will allow its financial advisors to offer spot Bitcoin exchange-traded funds (ETFs) to eligible clients, marking a first for major Wall Street banks. According to a report by CNBC, starting August 7, Morgan Stanley’s 15,000 financial advisors can solicit clients to purchase shares of BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund. HNWI Clients with High-Risk Tolerance Other major Wall Street banks have not followed Morgan Stanley’s lead in offering Bitcoin ETFs. Firms like Goldman Sachs, JPMorgan, Bank of America, and Wells Fargo still prohibit their advisors from pitching these products. The report stated that these banks only allow Bitcoin ETF trades if clients specifically request them, according to spokespeople from the institutions. This cautious approach contrasts with the adoption of digital assets among top financial firms. Morgan Stanley is proceeding cautiously with its new offerings. According to people who know the policy, only clients with a net worth of at least $1.5 million and a high-risk tolerance will be eligible to invest. These investments will be limited to taxable brokerage accounts. Sources said the bank will monitor clients’ crypto holdings to ensure they do not have excessive exposure to the volatile asset class. This measure is intended to maintain a balanced investment portfolio for clients. Morgan Stanley has not yet committed to offering the newly approved Ethereum ETFs. According to sources, the bank is watching the market development for these products before making any decisions. $BTC

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Three years ago, Saylor appeared on Fox News to announce that #Bitcoin will be the asset backing the dollar 🤯 $BTC

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JUST IN: Trump says “maybe we will pay off our $35 trillion debt… by handing them a little #Bitcoin ” 👀 $BTC

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