TRUMP VOWS TO END HARRIS WAR ON CRYPTO AS HE CELEBRATES BITCOIN WHITES PAPERS 16TH B-DAY

Donald Trump has made a dramatic shift in his stance on cryptocurrency, emerging as a vocal supporter of the industry. This change of heart is a far cry from his 2021 statement labeling Bitcoin a "scam" ¹. Now, as he celebrates the 16th anniversary of the Bitcoin white paper, Trump vows to end what he calls Kamala Harris' "war on crypto."

Trump's Crypto Agenda:

Support for Bitcoin Mining: Trump has expressed strong support for bitcoin mining, comparing it to domestic manufacturing, and has received donations from miners .

Banking Regulations: He pledges to end initiatives like Operation Chokepoint 2.0, removing barriers for crypto businesses accessing banking services .

Opposition to Central Bank Digital Currencies (CBDCs)_: Trump opposes the development of a U.S. CBDC, aligning with the crypto community's preference for decentralized digital currencies .

Self-Custody Rights: Trump supports individuals' rights to self-custody their digital assets, emphasizing personal control without reliance on third parties .

In contrast, Kamala Harris has taken a more regulatory approach, touting a crypto framework but providing scarce details .

While Harris' stance may be seen as vague, some view it as an improvement over the current administration's less accommodating stance on crypto.