Trump Promises to Back Bitcoin, Oppose CBDC, and Boost U.S. Bitcoin Mining if Re-elected

Jun 12, 2024, 06:25 PM

Former President Donald Trump has made a significant pro-crypto push, promising to fully back Bitcoin and oppose a Central Bank Digital Currency if re-elected. He has stated that he wants all remaining Bitcoin to be mined in the U.S., aiming to make the country a Bitcoin mining powerhouse. Trump has been actively courting Bitcoin miners, including hosting events at Mar-a-Lago. This comes as Bitcoin climbs on lower-than-expected U.S. CPI data.