Mr. Trump said that he wants the United States to control cryptocurrencies before China

Former US President Donald Trump said he supports the cryptocurrency industry because it benefits the country and that the United States should lead the global cryptocurrency race ahead of China or any other country, according to Bloomberg report published Tuesday.

“If I put it aside, it will be taken up in another country, most likely China — they are quite advanced in that area,” Trump said in an interview with Bloomberg. “So you have to look at it — what I want, again, is what's good for the country.”

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