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Donald Trump Calls for All Remaining Bitcoin to be Mined in the US as He Embraces Cryptocurrency

CointimeCointime2024/06/12 11:04
By:Cointime

Donald Trump, the presumptive 2024 Republican nominee, has called for the remaining bitcoin to be mined in the United States, using cryptocurrency as a new line of attack against President Joe Biden. Trump has shown an increasing interest in cryptocurrency in the lead-up to the 2024 general election and criticized Biden's supposed "hatred of Bitcoin." However, his national security angle is harder to understand, given bitcoin's potential for aiding illicit activity and sanctions dodging. The U.S. is currently the leading country in bitcoin mining, followed by China, Kazakhstan, Russia, Canada, and Germany.

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