Donald Trump to Take Stage at Bitcoin Conference This Month

Former US President and current Republican presidential candidate Donald Trump is set to speak at one of the biggest cryptocurrency events this month.

Tweet from the official Bitcoin X conference account open US President Donald Trump announced on Thursday that he will be one of the speakers at the event scheduled to take place from July 25 to 27 in Nashville, Tennessee. The announcement represents a major win for the cryptocurrency community, as Trump has expressed strong support for the industry over the past few months.

Trump to speak at Bitcoin conference

Trump’s chances of winning the upcoming US presidential election have 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 highlighted the need for regulation around digital assets.

Trump has also vowed to block the creation of a central bank digital currency in the United States if elected, seeing such assets as a threat to freedom. Additionally, Trump has promised to protect Bitcoin from crypto critics like Senator Elizabeth Warren and regulatory overreach.

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

Trump calls for Bitcoin mining

So far, bigwigs in the crypto world have rallied behind Trump over his promise of a better future for crypto in the United States. The Winklevoss twins, co-founders of the Gemini crypto exchange, and Jesse Powell, co-founder and CEO of the Kraken crypto exchange, have each donated $1 million worth of Bitcoin and Ether to Trump’s campaign.

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

Recently, Trump told industry players during a meeting that he intends to create an environment that would enable all remaining bitcoin to be mined in the United States because he believes such a move would strengthen the country’s dominance in the energy sector.

Meanwhile, Trump won’t be the only US presidential candidate speaking at the upcoming Bitcoin conference; independent candidate Robert F. Kennedy Jr. will also take the stage.