Trump Detests BTC, Biden To Discuss Crypto Regulations
Donald Trump, the former US President expressed his dislike for in an interview with Fox Business.
Trump stated that his dislike for cryptocurrency stems from the fact that Bitcoin is in direct competition with the dollar.
On the other hand, Trump’s successor, President Joe Biden is scheduled to speak about cryptocurrencies concerning the recent cyber-attacks.
Already, the Biden administration has made significant strides in the review of existing rules and regulations around cryptocurrencies.
Cryptocurrency has the capability of whipping up diverse opinions and stances as the industry has ballooned into a $2 trillion market. One such skeptic is former president Donald Trump who recently seized the opportunity to express his distrust for Bitcoin as it can displace the dollar as the reserve currency of the world.
US President Joe Biden is scheduled to speak during the G-7 summit over the weekend on the widening influence of cryptocurrencies. It is expected that this will further...read more...