In a recent interview with CNBC’s “Squawk Box,” former President Donald Trump expressed his views on the use of Bitcoin (BTC) and other cryptocurrencies, suggesting a pro-crypto stance if he were to be elected president again.
Trump’s remarks come at a time when the crypto industry is facing increased regulatory scrutiny under the leadership of US Securities and Exchange Commission (SEC) Chair Gary Gensler.
Trump’s Pro-Crypto Stance
During the interview, the former President acknowledged the growing popularity and utility of digital currencies, stating, “I have seen there has been a lot of use of that.”
While emphasizing his preference for a single currency, namely the dollar, Trump recognized the significance of cryptocurrencies as an additional form of currency that has gained traction.
In particular, former President Trump indicated that he would not pursue a regulatory crackdown on Bitcoin or other digital assets using the powers of his administration
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