November 15, 2024
Trump launches crypto business amid funding race with Kamala Harris
 #CriptoNews

Trump launches crypto business amid funding race with Kamala Harris #CriptoNews

Cash News

Mr Trump’s election manifesto, adopted in July by the Republican Party, has promised to “end Democrats’ unlawful and un-American crypto crackdown” and pledged to “defend the right to mine Bitcoin”.

JD Vance, the vice-presidential candidate, has also spoken out in favour of the cryptocurrency industry and holds around $250,000 in digital coins.

The former president has been racing to raise funds after a surge in donations to his rival, Ms Harris.

The Democratic nominee has raised more than $500m for her campaign since replacing President Biden with the backing of wealthy Hollywood celebrities, as well as hundreds of thousands of individuals.

Mr Trump spoke little about the plans for World Liberty Financial during an interview on X, formerly Twitter, on Monday, adding his children, including his youngest son Barron, had shown “great judgement” on the technology.

“I think my children opened my eyes more than anything else,” he said. “Barron’s a young guy, but he knows it. He talks about his wallet, he’s got four wallets or something … he knows this stuff inside and out.”

The project also has the backing of Steve Witkoff, the real estate investor who was playing golf with Mr Trump on Sunday in Palm Beach, Florida, when a gunman armed with a semi-automatic rifle was caught by Secret Service agents.