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Former U.S. President Donald Trump expressed strong support for the cryptocurrency industry, emphasizing its importance for the country’s global competitiveness in a recent interview. Trump highlighted the need for the U.S. to lead in the global crypto race, warning that failing to embrace crypto could cede ground to countries like China, which are advancing rapidly in the sector.
Despite previously holding skeptical views, Trump now views crypto as integral, noting its enduring presence and announcing plans for additional NFT releases after previous successful launches. These NFTs, styled as trading cards, offered unique perks like pieces of his suit or ties, reflecting Trump’s engagement with digital assets.
Trump praised the foundational strength of the U.S. crypto industry, citing recent developments such as his campaign accepting cryptocurrency donations, which totaled $3 million last quarter. He also pledged support for bitcoin miners and has garnered support from prominent figures in the crypto community, including Gemini’s Winklevoss twins, Ark Invest’s Cathie Woods, and Kraken’s Jesse Powell.