Bitcoin
Pro-Crypto Former President Donald Trump to Speak at Bitcoin Convention Event: Report
Former President Donald Trump’s 180 on crypto continues.
Axios, citing “two sources familiar with the matter,” reports that Trump is now in talks to talk about Bitcoin (Bitcoin) 2024 convention in Nashville next month.
It’s the culmination of a sharp change for the former president, who used to be a crypto critic. In May 2018, while serving in the Oval Office, he allegedly instructed then-Treasury Secretary Steven Mnuchin to “go after Bitcoin.” [for fraud].”
Three years later, Trump he said in an interview that he owned zero cryptocurrencies, arguing that digital assets were “a disaster waiting to happen.”
The former president has since changed tack, however, spending the last two years gradually warming up the sector in a bid to raise funds for the upcoming election and differentiate himself from the Biden administration, which some crypto stakeholders view as hostile to the asset. digital. .
In December 2022, Trump released a collection of non-fungible tokens (NFTs) on Ethereum (ETH) platform OpenSea, weeks after formally announcing his intention to run in the 2024 presidential election.
In this year’s campaign, the former president said he will “end Joe Biden’s War on Crypto” and Being “the crypto president.”
His 2024 presidential campaign has also started accepting crypto donations, receiving US$2 million in Bitcoin worth from crypto exchange Gemini co-founders Tyler and Cameron Winklevoss.
The Bitcoin 2024 conference is scheduled for July 25-27. Nominated speakers include fellow 2024 presidential candidate Robert F. Kennedy Jr., former Republican primary candidate Vivek Ramaswamy and famous whistleblower Edward Snowden, among others.
In May, a jury found Trump guilty on 34 criminal charges related to falsifying business records prior to the 2016 presidential election.
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