Cryptocurrencies

Former United States President Donald Trump vowed to end “President Joe Biden’s war against…

Former US President Donald Trump vowed to end President Joe Biden’s ‘war on cryptocurrencies’ if elected this year, in a speech on his birthday .

“I will end Joe Biden’s war on cryptocurrencies and we will ensure that the future of cryptocurrencies and the future of Bitcoin is made in America, we will keep it here, and much of it will be made right here in Florida,” Trump said. said during a special speech in West Palm Beach, Florida. The event took place on June 14, his 78th birthday.

This is not the first time Trump has recently criticized Biden for his tough stance on cryptocurrencies. On May 26, he attacked Biden while arguing that the United States should not settle for anything other than first place in the cryptocurrency industry.

“On the other hand, crook Joe Biden, the worst president in our country’s history, wants to die a slow, painful death,” he wrote in a May 25 article on Truth Social . This will never happen to me. A social media platform owned by Trump Media and Technology Group.

Former US President Donald Trump speaks in West Palm Beach, Florida. Source: RSBN/YouTube

Trump faces Biden in the 2024 presidential race, which is scheduled to take place on November 5.

Meanwhile, his promise to make Florida a central crypto hub comes after Florida was ranked as the “best state” for cryptocurrency taxes in the US, while New York State was ranked as the worst state, according to CoinLedger data.

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The data revealed that due to the state’s lack of income tax and crypto-friendly regulatory policies, which include a pilot program giving businesses the option to pay state crypto fees , Florida has proven to be the best state when it comes to crypto taxes.

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