Former U.S. president Donald Trump seems to soften his stance on Bitcoin during a town hall event in South Carolina this week.

Speaking to Fox News ahead of the state’s Republican Primary, Trump explained that “many people are embracing” Bitcoin and he’s “seeing people wanting to pay [with] Bitcoin,” and that he can “live with it one way or the other.”

It’s a tepid embrace, but the Republican front-runner’s previous stance on cryptocurrency used to be more hardlined. Back in 2019, while still in office, Trump said he is “not a fan of Bitcoin and other cryptocurrencies” stating that they are “not money” and it’s value is based on “thin air.”

Since then, he’s either personally launched or had crypto projects launched based on him and his political career. There’s also been a lot of attention paid to a wallet that’s been linked to the former POTUS.

During Trump’s term in office, the SEC’s preferred method of providing guidance appeared to be through a string of enforcement actions and warnings that BTC sales “ Go to Source to See Full Article
Author: Ryan Gladwin

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