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Former US President Donald Trump Says His Campaign Accepts Crypto Donations

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Former US President Donald Trump says he will ensure that crypto can be used to make donations to his campaign to become president again.

Trump hosted a group of NFT (non-fungible token) investors at his Florida home on May 8. During the event, someone from the crowd asked him, “Can we donate to the Trump campaign using crypto?” 

The president replied, “I believe the answer is yes,” according to video clips uploaded to X by Frank Degods on May 9.

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Donald Trump Made NFTs Hot Again

Investors who bought Trump’s “Mugshot Edition” NFTs were invited to the meet and dine event at the former President’s house. Those invited to the dinner had individually purchased over 47 NFTs priced at $99, according to an Axios report that cited a copy of the dinner invitation.

At the time these NFTs were bought, “NFTs were not hot,” according to Trump. The launch of his collection changed this, and “made NFTs hot again,” he said.

Trump then told the crowd that anybody who likes crypto “better vote for Trump.” This is because current President Joe Biden “doesn’t even know” what crypto is, he said.

Crypto Industry Could Shift Focus From Gary Gensler To Biden

Amid regulatory uncertainty in the U.S. caused by regulators aggressive attack on crypto companies, one of the attendees asked the former President whether he would keep crypto businesses in the U.S. if he gets elected.

“If crypto is moving out of the U.S. because of hostility toward crypto… well, we’ll stop it,” Trump said. “We don’t want that. If we’re going to embrace it, we have to let them be here.”

Electrical Capital co-founder Avichal Garg commended Trump for his “evolution” on crypto, and said whoever is coaching him on digital assets is “crushing it.” Should Biden maintain his anti-crypto stance, the digital asset industry might pivot “from Anti-Gensler to Anti-Biden to anti-Democrats,” Garg said.

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