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Wednesday

23 June 2021

Trump calls Bitcoin a scam, advocates for dollar hegemony

Trump calls Bitcoin a scam, advocates for dollar hegemony


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Indeed, back in July 2019, while in office, Trump stated that he was not a fan of Bitcoin and crypto.

As previously reported by Cointelegraph, the Trump administration specifically sought to enact anti-crypto policies with Trump allegedly telling former Treasury Secretary Steve Mnuchin to “go after Bitcoin.”.

Back in May, Cointelegraph reported that the Biden administration was examining gaps in existing crypto rules in the wake of the recent price downturn in the market.

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