Trump to Unveil Plan Positioning U.S. as Global Leader in Cryptocurrency
Former President Donald Trump announced he will reveal a strategy to establish the U.S. as the world’s crypto capital. The plan, promoted alongside World Liberty Financial, a DeFi project endorsed by his sons, comes as Trump intensifies efforts to attract crypto-conscious voters.
Because Bitcoin
August 29, 2024
Former President Donald Trump announced on 𝕏 that he will unveil a plan on Thursday aimed at positioning the U.S. as a global leader in cryptocurrency. He also tagged World Liberty Financial, a DeFi project promoted by his sons, in the post.
Trump stated, "This afternoon I'm laying out my plan to ensure that the United States will be the crypto capital of the planet," concluding the post with the World Liberty Financial logo.
A recent The Block report states that about an hour before Trump's post, World Liberty Financial's Telegram channel issued a warning about potential scams, advising people to be cautious. The message clarified that they are not conducting any airdrops or token sales at this time.
Trump's interest in appealing to crypto-savvy voters has grown since his speech at Bitcoin 2024 in July. NFT collections featuring Trump's likeness have been on the market since late 2022. During the Bitcoin conference, Trump pledged to fire SEC chair Gary Gensler and to stop the U.S. from selling its bitcoin holdings, with plans to create a “strategic bitcoin reserve” if he wins in November. It remains uncertain what specific services World Liberty Financial will provide or how Trump will be involved.
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