Crypto Industry and Bitcoin Whales Contribute $25 Million to Trump’s Campaign

Donald Trump has raised $25 million from the crypto industry and Bitcoin investors since his campaign began accepting cryptocurrency donations. 

Announcing this at the Bitcoin Conference in Nashville, Trump highlighted that the funds, mostly in Bitcoin and other cryptocurrencies, have made his campaign the second highest fundraiser across his three presidential bids. He pledged to support the crypto sector if elected, promising to replace SEC Chair Gary Gensler and to retain all seized Bitcoin. 

Trump’s fundraising success underscores the growing influence of cryptocurrency advocates in politics and contrasts with critics like Senator Elizabeth Warren, who has called for stricter crypto regulations.

Clever Robot News Desk 2nd August 2024

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