Donald Trump will attend the Bitcoin conference this month

Former US President and current Republican presidential candidate Donald Trump is speaking at one of the biggest crypto events this month.

A tweet from the official account of Bitcoin Conference X revealed on Thursday that Trump will be one of the speakers at the event, which is scheduled for July 25-27 in Nashville, Tennessee. The announcement represents a major victory for the crypto community, as Trump has expressed substantial support for the industry over the past few months.

Trump to speak at Bitcoin conference

The chances of Trump winning the upcoming US presidential election increased after he reversed his stance against Bitcoin and cryptocurrencies in general. The Republican presidential candidate said earlier this year that he could live with Bitcoin and emphasized the need for regulation around the digital asset.

Trump has also vowed to prevent the creation of a central bank digital currency in the US if elected because he sees the asset as a threat to freedom. In addition, Trump has promised to protect Bitcoin from crypto critics like Senator Elizabeth Warren and excessive regulation.

Trump’s shift in skepticism toward digital assets is also evident in his acceptance of crypto donations. In May, Trump’s campaign team opened the door to donations in any cryptocurrency, asking supporters to send funds through the trading product of the largest U.S. crypto exchange, Coinbase.

Trump advocates for Bitcoin mining

So far, major crypto personalities have pitched their tents behind Trump because of his promise of a brighter future for cryptocurrencies in the United States. Big names like the Winklevoss twins, co-founders of the Gemini cryptocurrency exchange, and Jesse Powell, the co-founder and president of the Kraken cryptocurrency exchange, have each donated $1 million in bitcoins and ether to support the campaign trump

Since the Biden administration has been unyielding in its hostility and opposition to crypto, the community believes the industry could get clear regulations and a supportive environment if Trump emerges victorious in November.

Trump recently told industry players at a meeting that he intends to create an environment that allows all remaining bitcoins to be mined in the United States because he believes such a move would strengthen the country’s energy dominance.

Meanwhile, Trump isn’t the only US presidential candidate to speak at the upcoming Bitcoin conference; Independent candidate Robert F. Kennedy Jr. will also take the stage.

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