According to the latest development, former US President and also a candidate in the new election, Donald Trump, introduced himself to his supporters as the “crypto president.”

Republican presidential candidate Donald Trump introduced himself as a cryptocurrency champion at a fundraiser in San Francisco today and criticized Democratic efforts to regulate the industry.

Trump raised $12 million at an event hosted by tech venture capitalists David Sacks and Chamath Palihapitiya at Sacks’ home in the upscale Pacific Heights neighborhood, according to three sources who were there.

“Trump said he would be the crypto president,” said Trevor Traina, a San Francisco-based technology executive and Trump’s former ambassador to Austria.

According to Republican National Committee member Harmeet Dhillon, Trump emphasized the importance of cryptocurrencies and declared his strong support for the industry. 

However, Dhillon noted that Trump did not provide specific details about his proposed crypto policy.

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