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Donald Trump becomes first presidential candidate to accept cryptocurrency donations
President Donald Trump has become the first presidential candidate ever to accept cryptocurrency as a form of payment for his campaign donors. Just a few weeks ago, at the Mar-a-Lago gala, Trump declared himself the “cryptographic candidate” and he appears to be carrying it forward after promising to get it done.
In an official statement, the Trump campaign attacked those who seek to limit cryptocurrency and Americans’ financial freedom.
“The effort to reduce government control over Americans’ financial decisions is part of a seismic shift toward freedom. Today’s announcement reflects President Trump’s commitment to an agenda that values freedom over socialist government control,” the campaign reads.
🚨NEW: The Trump campaign has officially started accepting #crypto donations after saying “we’ll get through this” at an event in Florida two weeks ago. pic.twitter.com/MRTJoujsV3
— Eleanor Terrett (@EleanorTerrett) May 21, 2024
“Biden surrogate Elizabeth Warren said in an attack on cryptocurrency that she was building an “anti-cryptocurrency army” to limit Americans’ right to make their own financial choices. MAGA supporters, now with a new cryptocurrency option, will build a cryptocurrency army and lead the campaign to victory on November 5!”
This morning, Yahoo Finance reported that Trump is working with David Bailey, CEO of Bitcoin Magazine, on a “day 1” policy move that would impact cryptocurrency traders.
“Over the past month we have been working with the Trump campaign to develop their policy agenda on bitcoin and cryptocurrencies. We proposed a comprehensive executive order for President Donald Trump to sign on day one. I will share these details soon. Trump took the first step this week, but there is still a lot of work to do. We intend to raise a $100 million war chest for the campaign to ensure the next US president is pro-Bitcoin,” Bailey tweeted.
Michael Brauner is a senior sports analyst and contributor to Yellowhammer News. You can follow him on Twitter @MBraunerWNSP
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