Trump stressed the need for the United States to lead in the crypto industry to prevent other countries, like China, from taking control.
During a comprehensive interview with Bloomberg on Tuesday, former U.S. President Donald Trump emphasized U.S. leadership in the cryptocurrency sector. He also mentioned plans to potentially launch a fourth non-fungible token (NFT) collection.
“I’m going to do another one because the people want me to,” Trump stated, noting the success of his previous collections, which sold out in a day, totaling 45,000 cards across three releases. He emphasized the overwhelming support for his NFTs, describing it as an “unbelievable spirit.”
Emphasizing U.S. Leadership in Crypto
Trump pointed out that 80% of the sales were made in cryptocurrency, which he found interesting. He stressed the need for the United States to lead in the cryptocurrency industry to prevent other countries, like China, from taking control. Trump acknowledged that the U.S. crypto industry is still developing but expressed confidence in its strong foundation.
He also mentioned the change in attitude among traditional banking leaders, such as Jamie Dimon, CEO of JP Morgan, toward cryptocurrency over the years. Trump stated, “Jamie Dimon was, you know, very negative and now all of a sudden he’s changed his tune a little bit.”
As the crypto industry continues to support Trump’s reelection campaign, the former president appears increasingly comfortable embracing NFTs and crypto. In May, Trump’s campaign began accepting cryptocurrency donations. According to a Tuesday report from the Wall Street Journal, citing new data from the Federal Election Commission (FEC), Trump’s election campaign raised approximately $331 million last quarter, with about $3 million coming from crypto donations.
Recently, Trump announced Senator J.D. Vance as his running mate, known for supporting Bitcoin. Notably, major players in the crypto industry, such as Jesse Powell from Kraken and Tyler and Cameron Winklevoss from Gemini, have also donated to Trump’s campaign and related pro-crypto groups. Trump praised the resilience of the crypto industry, saying he has met and respects many leaders in the field whom he considers highly accomplished.
