Negosyante News

November 5, 2024 12:23 pm

Donald Trump Celebrates Bitcoin’s 16th Anniversary, Criticizes Kamala Harris on Crypto Policies

Washington, D.C. – On October 31, former U.S. President and Republican presidential candidate Donald Trump commemorated the 16th anniversary of Bitcoin, using the occasion to take a swipe at his opponent, Vice President Kamala Harris, in the 2024 presidential race. Trump vowed to support Bitcoin and U.S.-based blockchain innovation, promising to end what he calls “Kamala’s war on crypto” if elected.

“I would like to wish our great Bitcoiners a Happy 16th Anniversary of Satoshi’s White Paper,” Trump posted on social media. “We will end Kamala’s war on crypto, & Bitcoin will be MADE IN THE USA! VOTE TRUMP!”

This statement comes as the cryptocurrency has been rallying, driven by recent U.S. economic data that supports market expectations for interest rate cuts, providing a favorable outlook for Bitcoin and other digital assets.

Throughout his campaign, Trump has advocated for a more crypto-friendly regulatory approach, expressing intentions to replace SEC Chair Gary Gensler and criticizing the agency’s strict enforcement tactics on digital assets. Harris, meanwhile, has pledged a balanced approach, focusing on consumer protection and equitable access, especially for underserved communities.

The two candidates’ differing stances on cryptocurrency regulation have become a focal point in an election that could significantly impact the future of U.S. digital asset policies. As the race narrows, both Trump and Harris are vying to attract voters interested in blockchain and digital assets, setting the stage for a decisive stance on the issue.

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