Today: October 24, 2024
August 24, 2024
1 min read

Trump announces launch of his own cryptocurrency platform

Trump announces launch of his own cryptocurrency platform

Trump did not give details about the project, called The DeFiant Ones.

Trump was unfavorable to cryptocurrencies during his presidency, calling them a “scam,” but he radically changed his position to the point of defending them.

At a major industry conference in Nashville, Tennessee, in late July, the real estate developer pledged that if elected again, he would be “the pro-innovation, pro-bitcoin president America needs.”

The Biden administration is seen as a proponent of regulating the sector.

The platform promised by Trump will be based on decentralized finance or DeFi, which allows intermediaries such as banks to be bypassed when making transactions with third parties.



Source link

Latest Posts

They celebrated "Buenos Aires Coffee Day" with a tour of historic bars - Télam
Cum at clita latine. Tation nominavi quo id. An est possit adipiscing, error tation qualisque vel te.

Categories

Turistas
Previous Story

Tourism: Project portfolio reaches US$772 million

Cuba, migrantes, Estados Unidos
Next Story

Migration crisis: US returns 41 migrants to Cuba

Latest from Blog

Go toTop