Donald
J.
Trump
tightened
his
recent
embrace
of
crypto
today,
posting
on
social
media,
“I
am
very
positive
and
open
minded
to
cryptocurrency
companies
and
all
things
related
to
this
new
and
burgeoning
industry,”
as
both
sides
in
the
upcoming
presidential
election
appear
to
be
seeking
to
win
over
pro-crypto
voters.
“Our
country
must
be
the
leader
in
the
field,
there
is
no
second
place,”
Trump
posted
on
Truth
Social
prior
to
his
address
at
the
Libertarian
National
Convention
in
Washington,
D.C.,
later
today.
Trump
then
took
a
shot
at
his
rival:
“Crooked
Joe
Biden,
on
the
other
hand,
the
worst
president
in
the
history
of
our
country,
wants
it
to
die
a
slow
and
painful
death.”
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The
sentiment
toward
crypto
has
noticeably
warmed
in
Washington
since
Trump
has
deliberately
sought
to
woo
pro-crypto
voters.
First,
the
former
president
made
pro-crypto
comments
earlier
this
month
at
a
Mar-a-Lago
dinner.
Then
this
past
Tuesday,
Trump’s
presidential
campaign
began
accepting
crypto
donations,
making
good
on
the
presumptive
Republican
nominee’s
pledge
to
become
the
first
major
party
candidate
to
embrace
bitcoin,
ether
and
other
digital
currencies.
Following
Trump’s
pro-crypto
rhetoric
and
actions,
the
Biden
administration’s
opposition
to
crypto
as
well
as
the
attitude
of
the
traditionally
crypto-adverse
Securities
and
Exchange
Commission
appear
to
have
softened.
Last
Wednesday,
the
White
House
issued
a
statement
expressing
its
opposition
to
the
House
of
Representatives
passing
a
crypto
market
structure
bill,
but
Biden
didn’t
threaten
a
veto.
The
House
proceeded
to
approve
the
measure,
which
now
heads
to
the
Senate.
Then
on
Thursday,
the
ether
exchange
traded
funds
(ETF)
took
a
major
step
toward
becoming
available
in
the
U.S.
after
the
Securities
and
Exchange
Commission
approved
key
regulatory
filings.
Such
an
approval
was
seen
as
extremely
unlikely
just
a
month
ago.