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

Senator Bill Hagerty of Tennessee announced this week that he supports presidential candidate Donald Trump, pushing for the United States to become a cryptocurrency hub. Hagerty compared cryptocurrencies to the semiconductor industry, arguing 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" without providing a regulatory framework for it. Trump and the Republican Party are actively seeking the cryptocurrency vote, accepting cryptocurrency donations, and repositioning themselves as cryptocurrency-friendly candidates. (Decrypt)

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