Donald Trump recognized the importance of the Bitcoin and crypto vote during the U.S. presidential election, unlike his rival Kamala Harris. He took steps to secure this vote, which ultimately helped him defeat Harris, according to Corbin Fraser, CEO of Bitcoin.com. Fraser argues that Trump did more to deserve the crypto vote than other candidates, pointing to the launch of his memecoin $TRUMP, his NFT collections, and his expansion of discussion to include a digital assets treasury. Trump's support for crypto and his pro-business stance have had a positive impact on the industry. However, concerns over his influence on the crypto market are justified, but having the president talking about BTC and crypto is still seen as a win for the community. Bitcoin.com itself has been a victim of Operation Chokepoint 2.0, preventing the company from launching new products and getting financial institutions to accept it as a client. Fraser believes that the Trump administration should focus on simple and clear regulations for the crypto industry, support new entrants, and highlight entrepreneurial success in the space. Bitcoin.com has endured market fluctuations by staying true to its self-custodial wallet app and focusing on its belief in the potential of Bitcoin and cryptocurrency to change the world and provide economic freedom.



Other News from Today