Former US President Donald Trump promised in a speech in Florida on June 14 that he would end President Joe Biden's "war on crypto" if elected this year. “I will end Biden's war on crypto and we will ensure that the future of crypto and Bitcoin will be made in America, we will keep it here and a lot will be done in Florida,” Trump said.
This isn't the first time Trump has criticized Biden for his recent tough stance on crypto. On May 26, he took aim at Biden while arguing that the US should not settle for first place in the crypto industry.
On the other hand, Florida's promise to become a hub for crypto comes after Florida was named the "best state" for crypto taxes in the US, according to CoinLedger data. The data revealed that Florida is the best state for crypto taxes due to its lack of state income tax and crypto-friendly regulatory policies.
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