BlockBeats News: On May 5th, Trump reiterated his support for cryptocurrency, stating that cryptocurrency assets have shown resilience during market downturns and are now widely accepted. He stated that the United States must maintain a leading position in digital asset innovation, otherwise it will fall behind countries such as China.
I support cryptocurrency, "Trump said in an interview with NBC News'" Meet the Press "this week. I think cryptocurrency is important because if we don't do it, China will do it, "he said. This is an emerging thing, very popular, very hot. "He added that during the market downturn, the performance of cryptocurrencies was" much stronger than other aspects of the market.
Trump pointed out that the importance of cryptocurrency cannot be ignored, and its widespread adoption is the main driving force behind his support for cryptocurrency. He also accused the Biden administration of initially adopting a repressive policy towards cryptocurrencies, but later softening its stance for political gain.