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Trump vows to end U.S. 'hostility towards crypto' 🟠

Former U.S. president Donald Trump met with holders of his NFT collection—giving election-themed meme coins a boost in the process.

Author

Stephen Graves
May 09, 2024

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📝 What you need to know

Former U.S. president and 2024 hopeful Donald Trump met with holders of his NFT collection Wednesday—and claimed that he would stop “hostility towards crypto,” in a reversal of his previously crypto-skeptic position.

The crypto carnival promptly sent the prices of election-themed meme coins and Trump NFTs soaring. In more serious political news, the U.S. House of Representatives approved a resolution demanding that the SEC roll back its anti-crypto banking policies—which the White House promptly declared it would veto.

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