Tennessee Senator supports Trump's efforts to make the United States a cryptocurrency hub.

ChainCatcher news, Tennessee Senator Bill Hagerty announced his support for presidential candidate Donald Trump this week, pushing for the United States to become a cryptocurrency hub. Hagerty compared the cryptocurrency industry to the semiconductor industry, believing that the outflow of the latter has weakened the United States' geopolitical position, and accused the Biden administration of "doing its utmost to attack this industry" and failing to provide a regulatory framework for it. Trump and the Republican Party are actively courting the cryptocurrency vote, accepting cryptocurrency donations, and repositioning themselves as cryptocurrency-friendly candidates.

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