Benzinga – Ex-President Donald Trump made headlines when he announced that his 2024 presidential campaign would accept cryptocurrency donations.
This move marks a major shift in his stance on digital currencies (he previously called Bitcoin a scam).
The twice-impeached and quadruple-indicted Republican is also the first major presidential candidate to embrace crypto for fundraising purposes (although independent candidate Robert F. Kennedy Jr. has been accepting Bitcoin donations for months).
Trump’s pivot comes as his campaign looks to draw support from voters who have grown disgruntled with the U.S. Securities and Exchange Commission under the Biden administration for its strict stance on cryptocurrency companies.
Trump’s camp also sees cryptocurrency as a means to raise money for his legal bills.
This strategy counters the anti-crypto sentiment often associated with President Joe Biden and…
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