Trump Vows Support For Silk Road Founder Ross Ulbricht
Donald Trump has expressed a pro-cryptocurrency stance at the Libertarian Party convention, highlighting his positive view of cryptocurrency companies and the potential for the US to become a leader in the field. He pledged to appoint Libertarians to his Cabinet and other senior administration posts if elected.
Trump’s embrace of pro-crypto policies contrasts with the stance of many Republicans and Democrats, who have called for increased oversight of the industry following the collapse of FTX. Trump’s potential appointee for a top administration job, Vivek Ramaswamy, has advocated for deregulation of the cryptocurrency industry.
Trump’s speech on the same comes amid ongoing legal challenges, including a hush-money payments trial that could result in a verdict next week. Despite these challenges, a recent poll shows him leading President Joe Biden among voters in seven swing states.
(With inputs from Shikha Singh)
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