From Doubt to Exploration: The Evolution of Trump's Attitude Towards Crypto Assets

As a highly watched political figure, Trump's attitude towards Crypto Assets has always been a focus of attention in the industry. From his initial strong skepticism to later launching his own NFT project, and now preparing to give a speech at the Nashville Bitcoin conference, Trump's views on Crypto Assets seem to be undergoing a gradual transformation.

In July 2019, Trump publicly commented on Bitcoin and Crypto Assets for the first time, expressing strong skepticism. He believed that Crypto Assets do not possess the attributes of currency, have high volatility, and may be used for illegal activities. This viewpoint sparked widespread discussion in the mainstream financial community at the time, with supporters and opponents each holding their ground.

During Trump's presidency, the U.S. government gradually strengthened its regulation of Crypto Assets. In June 2020, the Treasury Department introduced a series of new regulations aimed at enhancing the oversight of Crypto Assets transactions, particularly in the areas of KYC and AML. These measures reflect the government's concerns about the potential risks of Crypto Assets, especially regarding their possible use in illegal activities.

Even after leaving office, Trump continues to pay attention to Crypto Assets. In June 2021, he expressed his negative views on Bitcoin again in an interview, calling it a "scam" and emphasizing the potential threat to the status of the dollar.

However, at the end of 2022, Trump launched his own NFT project "Trump Digital Trading Cards", which sparked speculation about whether his attitude had changed. Nevertheless, in a June 2023 interview, he still expressed skepticism towards Crypto Assets, emphasizing their risks and the need for regulation.

At the upcoming Nashville Bitcoin Conference in July 2024, Trump will speak for the first time at a major conference in the Crypto Assets field. This speech is highly anticipated, with people hoping to gain insights into his latest views on Crypto Assets and blockchain technology, as well as possible policy proposals.

Compared to leaders of other countries, Trump's attitude towards Crypto Assets can be described as relatively strict but not extreme. China has adopted a comprehensive ban, while the EU has taken a more balanced approach. India's attitude is also constantly changing, from considering a complete ban to now leaning towards controlling risks through strict regulation.

Regardless of how Trump's position evolves, his views and actions will undoubtedly continue to have a significant impact on the Crypto Assets industry. The upcoming speech in Nashville will be a pivotal moment, expected to provide us with more insights into his latest thoughts on this emerging field.