Former President Donald Trump is working to solidify his presidential bid by appealing to the crypto industry and attracting campaign donations. However, a new dynamic has emerged with the rise of Kamala Harris. Trump’s presence at the Bitcoin (BTC) 2024 conference in Nashville indicates that a second term for Trump could bring favorable digital asset policies. Meanwhile, major crypto companies and investors are gearing up to spend significant sums to sway this year’s elections.

Industry insiders anticipate Trump will use his speech to advocate for increased BTC mining in the United States and to oppose the Fed’s potential creation of a digital currency — both positions that align with the GOP’s recently released platform. Some cryptocurrency backers anticipate that Trump will go…

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