Trump pledges to make US 'the crypto capital of the planet' during speech at world's largest Bitcoin conference

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Trump pledges to make US 'the crypto capital of the planet' during speech at world's largest Bitcoin conference
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Today's Video Headlines: 07/27/2024

Donald Trump headlined the world’s largest Bitcoin conference on Saturday, a strategic move aimed at positioning himself as the presidential candidate who will help the embattled industry avoid overreaching federal scrutiny.

“If Bitcoin is going to the Moon – as we say – it’s going to the Moon, I want America to be the nation that leads the way,” said Trump, insisting the digital currency’s value could someday surpass that of gold under his leadership.Trump also pledged to end what he called President Biden and Vice President Kamala Harris’ so-called “war on crypto” — and to fire Securities and Exchange Commission Chairman Gary Genlser, who is leading a regulatory crackdown on digital currency.

While president, Trump was a big skeptic of the crypto market, saying in 2019, “We have only one real currency in the USA, and it is stronger than ever. It is called the United States Dollar!”The Republican presidential nominee vowed the “United States will be the crypto capital of the planet and the Bitcoin superpower of the world” if he’s elected to a second term in White House.But he’s embraced digital currency in recent years, and his campaign began accepting donations in crypto in May.

to become Harris’ running mate. He is popular in the Keystone State and viewed as a moderate who would balance out Harris — whose voting record as a senator made her the chamber’s most liberal, Trump also pledged to end what he called President Biden and Vice President Kamala Harris’ so-called “war on crypto.”Arizona Sen. Mark Kelly, a former NASA astronaut, and Minnesota Gov. Tim Walz are also among the top contenders. Harris is expected to make her choice by Aug. 7.

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