President Donald Trump has adopted a draft platform supporting digital asset innovation in preparation for the upcoming November elections.
In response to President Joe Biden’s stringent measures against cryptocurrency, the Republican Party, under former President Donald Trump, hasThis platform, approved on the 8th of July, aimed to outline the priorities of the entire party and the GOP politicians regarding the increasing interest in digital assets as they prepare for the upcoming November elections.
Hence, this initiative is destined to attract more crypto users, especially in light of the recent scrutiny of crypto firms by the Securities and Exchange Commission under Biden’s administration. Additionally, the Republican Party also plans to protect crypto advocates from central bank digital currencies , or “digital dollars,” due to concerns over potential surveillance.Despite Trump’s sudden shift in attitude towards crypto raising some speculation, the crypto community appears to favor Trump over Biden.“The GOP officially releases its stance on #Bitcoin…. you aren’t bullish enough on a Trump victory in November.
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