Crypto Updates

‘I’m Fine With It’: Donald Trump, a Former Digital Asset Skeptic, Continues To Court the Crypto Vote

Most Dogecoin Holders Are in Profit While Majority of Shiba Inu Owners Remain Underwater: IntoTheBlock

Former US President Donald Trump is seeking the support of the crypto community to return to the White House.

In videos shared by crypto influencer Frank Degods on the social media platform X, Trump tells a group of supporters who bought his Mugshot Edition non-fungible tokens (NFTs) that he is accepting crypto donations for his campaign.

“Can we donate to the Trump campaign using crypto? I believe the answer is yes.”

He also criticizes President Joe Biden and U.S. Securities Chairman Gary Gensler, saying they are against digital assets.

“[SEC Chair] Gensler is very much against it, the Democrats are very much against it.”

Trump also says he does not have a problem with the current popularity of crypto as he woos digital asset supporters to vote for him in the upcoming November election.

“A lot of people are very much for it – probably a lot of people in this group and I’m fine with it. I want to make sure it’s good and solid and everything else, but I’m good with it. If you like crypto in any form, and it comes in a lot of different forms, if you’re in favor of crypto, you’d better vote for Trump.”

The former president used to be a crypto critic. In May 2018, while serving in the Oval Office, he reportedly directed then-Treasury Secretary Steven Mnuchin to “go after Bitcoin [for fraud].”

In a 2021 interview, Trump said that he was not invested in digital assets and that crypto might be fake.

“I like the currency of the United States. I think the others are potentially a disaster waiting to happen.”

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