PANews reported on July 20 that according to Cointelegraph, the Republican National Convention approved the new platform proposed by former President Donald Trump for the Republican Party. Most of the content is standard Republican platform, but there is a big exception: support for innovative encryption policies. It is reported that Trump's new platform promises to defend Americans' rights to Bitcoin mining, self-custody of digital assets, and free trade, and calls the Democratic Party's crackdown on cryptocurrencies illegal and inappropriate.

However, the crypto community believes that Trump’s new platform lacks a commitment to protect developers of decentralized projects from regulatory intervention and the threat of criminal prosecution. Although Trump has expressed his intention to support innovation, he must also be committed to defending the rights of those who create crypto tools.