Donald_Trump chairs the Bitcoin 2024 conference: a noticeable shift in his position
In a marked shift from his previous stance, former US President Donald Trump is set to chair the 2024 Bitcoin Conference in Nashville on Saturday. The three-day event will feature prominent Republican figures such as former candidate Vivek Ramaswamy and Sens. Bill Hagerty and Cynthia Lummis, as well as Democratic Rep. Ro Khanna of California.
The recovery of the#digital_currencyindustry after the collapse of #FTX
The cryptocurrency industry witnessed a recovery after the collapse of FTX and other cryptocurrency companies in 2022, which had a significant impact on token prices and led to bankruptcies. Cryptocurrency advocates argue that cryptocurrency users are emerging as a political force in the current election cycle, although it is not yet clear how many will prioritize cryptocurrency issues when voting.#Republicanstarget crypto voters
The Republican Party is targeting these potential voters by calling for lighter regulation of cryptocurrencies. David Yermack, a professor at New York University's Stern School of Business, noted that cryptocurrencies have historically been nonpartisan, but Republicans have recently become more active.