Donald Trump has reaffirmed his support for cryptocurrencies, positioning digital assets as a vital part of the global financial future.
He emphasized that the United States must lead in blockchain and crypto development or risk falling behind major competitors like China.
According to Trump, crypto has shown strong resilience during economic downturns, outperforming traditional markets in several periods of volatility. He views this durability—and widespread adoption—as clear indicators of crypto’s importance in the future economy.
Criticism of Biden’s Policy Shift
Trump accused the Biden administration of initially adopting a hostile approach to digital assets before softening its stance for political reasons. He framed this change as inconsistent and politically motivated, contrasting it with his own long-standing support for the crypto industry.
He also dismissed concerns about personal financial gain from his crypto involvement, particularly surrounding the Official Trump token. He claimed that his pro-crypto position predated his 2024 presidential campaign and had nothing to do with personal enrichment.
Stance on Crypto Earnings and Transparency
In response to questions about potential conflicts of interest, Trump pointed to his record of donating his presidential salary back to the government. He said he plans to continue this practice during his current term. However, he rejected the idea of donating any earnings linked to real estate or crypto, stating that standard personal gains from existing investments should not be treated differently.
Trump’s remarks come at a time when crypto regulation remains a hot-button issue in Washington. His public support is likely to resonate with a growing base of pro-crypto voters and investors.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/trump-claims-crypto-held-stronger-than-stocks-in-downturn/