Key Points:
Former President Donald Trump has declared himself the "crypto president."
Trump has launched his own cryptocurrency and accepts crypto donations for his 2024 campaign.
Trump at San Francisco Tech claimed to be the "crypto president", raising $12M at a fundraiser. He supports the crypto sector but didn't detail any policy plans.
At a technology fundraiser in San Francisco, the former president and 2024 elections Republican Nominee, Donald Trump, referred to himself as a "crypto president".
Reuters reported the event helped the former president amass $12 million, with major VC tech venture capitalists David Sacks and Chamath Palihapitiya hosting the event.
Trump at San Francisco Tech Fundraiser: Embracing the "Crypto President" Title
San Francisco-based tech executive and former Trump ambassador to Austria, Trevor Traina, made the statement as he quoted the former president, who said that he was going to be the "crypto president". From the details of the event, Trump had passionately supported the cryptocurrency sector, terming it important.
However, Harmeet Dhillon, the Republican National Committeewoman, said the former president did not detail what his potential cryptocurrency policy looked like.
Donald Trump's support for cryptocurrency makes him one of the few politicians and government officials to support innovation in digital currency.
Readmore: Wormhole Governance Staking Is Now Live For W Token Holders
How Trump's Support for Digital Currency Could Influence Political Landscape
Trump has launched his own cryptocurrency and opened up his campaign to accept cryptocurrency donations, something he believes will appeal to the cryptocurrency community during the 2024 presidential election.
With the 2024 presidential election getting closer, the digital asset sector is going to be one of the most talked-about potential political influences in the United States.
More than a fundraising tactic, the support of cryptocurrency by Donald Trump serves as a rallying point among his supporters. Several investment experts have declared that Donald Trump's support for cryptocurrency could be beneficial for the digital currency.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
