Trump: "Crypto is still a baby, but I don't want other countries to take over this field"

BlockBeats news, on July 17, according to an exclusive interview with Trump by Bloomberg Businessweek, Donald Trump revealed, "Cryptocurrency will not disappear, which is amazing. The U.S. crypto industry has a good foundation. It's still a baby now. But I don't want other countries to take over this field." Trump said that he "met a lot" of top figures from the crypto industry during political donation fundraising activities. As for the reason for the current shift to embrace the cryptocurrency industry, Trump said, "If we don't do it, China will take over, or other countries, but it will probably be China. China attaches great importance to this."

According to new data from the Federal Election Commission (FEC), about $3 million of the approximately $331 million raised by the Trump campaign last quarter came from cryptocurrencies.