Hi Guys,
It's Big & Big #announcement of Donald Trump "Crypto President" Title & Fund Raising with key Players !!!
Donald Trump Claims Title Of ‘Crypto President’ In Fundraiser With Key Players
During a San Francisco fundraiser hosted by tech venture capitalists David Sacks and Chamath Palihapitiya, former President Donald Trump positioned himself as the champion of crypto and criticized the Democratic party’s regulatory efforts in the sector.
Donald Trump Raises $12 Million In Race For White House
According to Reuters, the event was held at Sacks’ residence in the upscale Pacific Heights neighborhood and raised $12 million for Trump’s presidential campaign.
Attendees reported Donald Trump’s declaration of being the “crypto president,” highlighting his support for the cryptocurrency industry.
As the cryptocurrency industry faces increased regulatory scrutiny, it has sought to influence US politicians. As Bitcoinist reported, the crypto industry is stepping up its political game in the run-up to the upcoming elections in the United States.
Leading the charge is US crypto exchange Coinbase, which has donated a whopping $25 million USDC to the Fairshake political action committee (PAC).
Notably, this is the digital asset platform’s second major contribution to the advocacy group, which aims to promote pro-crypto candidates such as the former president Donald Trump.
The aftermath of major crypto firm bankruptcies in 2022, which revealed fraud and misconduct while leaving investors facing losses, prompted heightened regulatory attention. Industry participants actively engage with political figures to shape regulations in this context.
Per the report, during the San Francisco fundraiser, Trump emphasized the importance of cryptocurrency and expressed his strong support for the industry.
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