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Trump Wants to Help Brand Bitcoin as 'Made in the USA'

Posted on AllSides June 12th, 2024
From The Right

Republican presidential candidate Donald Trump said Tuesday he wants all "remaining Bitcoin to be made in the U.S." The crypto industry is increasingly trying to influence U.S. politicians as it faces heightened scrutiny from regulators, especially since bankruptcies at major crypto firms in 2022 spooked investors, exposed fraud and misconduct, and left millions of investors out of pocket. "VOTE FOR TRUMP! Bitcoin mining may be our last line of defense against a CBDC," Trump wrote on Truth Social. "Biden's hatred of Bitcoin only helps China, Russia, and the Radical Communist...

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