"Donald Trump has stepped up his support for cryptocurrencies, saying on social media: 'I'm very positive and open to crypto companies.'" The former US president has been actively courting crypto supporters by accepting crypto donations in his re-election campaign. Trump also called on the US to lead the way. on cryptocurrencies. His position appears to have weakened the Biden administration's opposition to cryptocurrencies. Last week, the White House expressed opposition to the crypto market structure bill, but did not threaten to veto it.