Former US President Trump is developing much closer ties with cryptocurrencies ahead of the upcoming November elections. While his own DeFi project and ambitious predictions about crypto are on the agenda, we will see something new in the coming hours. Trump is talking about a plan to turn the country into the crypto center of the world.
Trump and Cryptocurrencies
Cryptocurrencies The US has had and continues to have difficult times under regulatory pressure. Trump is working on a plan to end all this chaos and regulate cryptocurrencies. He has already announced a significant portion of his promises. These promises include many things, including the immediate removal of the SEC Chairman. His (video) post today is as follows; A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!
“This afternoon (US time) I am announcing my plan to ensure the United States becomes the crypto capital of the planet.”
He also tagged the DeFi project his sons support, World Liberty Financial, in the post. This project is an attempt to turn the foundations of the DeFi story into a political slogan. We can see him saying things about how this project would be supported if it won the elections under titles such as people’s financial participation and freedom. The BTC price reached its daily peak at $60,841 with the announcement.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.