This incident stands out as part of Trump’s transformation in his policy towards cryptocurrencies. Trump, who had previously maintained a distant stance against cryptocurrencies, began accepting crypto donations in his campaign in May this year. Trump has since made clear his intention to make the US the “crypto capital of the world.” He also supports a DeFi project called World Liberty Financial, which his sons are working on. This project aims to offer a non-transferable governance token called WLFI.

You may be interested in: World Liberty Financial Backed by the Trump Family

Trump’s move has had a great impact both in the crypto world and in the political arena.

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