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Donald Trump Set to Unveil a Bold Crypto Strategy, Pushing the U.S. to be a “Crypto Capital of the Planet”

Donald Trump CFN
  • Trump to reveal a U.S. crypto leadership plan Thursday, signaling his focus on digital currencies in his 2024 campaign.
  • World Liberty Financial, promoted by Trump’s sons, features prominently in the former president’s crypto push.
  • Trump’s crypto agenda includes firing SEC chair and halting U.S. Bitcoin sales, aiming to create a strategic bitcoin reserve.

Former President Donald Trump is set to announce a comprehensive plan aimed at positioning the United States as a global leader in cryptocurrency. On X (formerly Twitter), Trump revealed that he would unveil this strategy on Thursday. 

This announcement signals Trump’s increased focus on the rapidly expanding crypto sector as he courts voters ahead of the 2024 elections. The former president’s move comes amidst growing interest in digital currencies, with his plans aligning with a vision to elevate the U.S. as a crypto capital.

Trump Links Crypto with World Liberty Financial

Notably, Trump tagged World Liberty Financial, a decentralized finance (DeFi) project that has been promoted by his sons, Donald Trump Jr. and Eric Trump, in his X post. The platform, formerly known as “The DeFiant Ones,” recently underwent a rebranding. 

While the nature of the services offered by World Liberty Financial remains unclear, Trump’s association with the project is evident in his public endorsements. His sons had initially teased a major crypto announcement several weeks ago, creating anticipation around Trump’s involvement.

The World Liberty Financial logo appeared at the end of Trump’s post, which featured a video where he spoke about his goal of preventing obstacles that could hinder the growth of crypto businesses in the U.S. This aligns with Trump’s broader political messaging, where he aims to boost innovation and freedom within the financial sector, particularly through decentralized technologies.

Increasing Focus on Cryptocurrency in Trump’s Campaign

Trump’s focus on cryptocurrency is not new. In July 2024, he spoke at Bitcoin 2024, where he vowed to take significant steps, including firing SEC Chair Gary Gensler, should he be elected. During that conference, Trump also made bold claims about halting the sale of U.S. Bitcoin reserves and creating a “strategic bitcoin reserve” to strengthen the nation’s position in the global crypto market.

Trump’s Crypto Agenda Gains Momentum

Since that event, Trump has continued to build momentum around his crypto agenda. His recent post serves as another indication of his growing interest in digital currencies. His efforts to engage with crypto-conscious voters are coupled with attempts to become involved at an entrepreneurial level. Additionally, NFT collections bearing Trump’s likeness have been available since 2022, showing his ongoing engagement with blockchain-based assets.

While Trump’s direct role in World Liberty Financial is yet to be defined, his recent comments and actions suggest a clear intent to further position himself within the DeFi and crypto space as part of his broader campaign strategy.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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