Trump's Support for Bitcoin Industry

Reported about 1 year ago

BTC Inc. CEO David Bailey shared insights on the bitcoin industry's alignment with former President Donald Trump's agenda for energy independence and America's strategic interests during a recent meeting. Trump expressed support for making bitcoin in America and recognizing the opportunities and risks associated with the cryptocurrency. Despite recent declines in bitcoin trading, bitcoin ETFs have seen increased inflows amidst challenges like the Mt. Gox fallout and the German government's bitcoin liquidation. The intersection of bitcoin with US politics and Trump's alignment with the industry indicate a growing role for cryptocurrency in the political landscape.

Source: YAHOO

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