Elon Musk and Donald Trump discuss cryptocurrency policy
Elon Musk and former President Donald Trump are said to have discussed cryptocurrency policy, although Musk has denied direct discussions on the subject.
Trump relies on Bitcoin and digital currencies to win votes
Trump is increasingly relying on Bitcoin and other digital currencies to attract new voters. He stresses the need for the US to lead in cryptocurrency innovation and plans to make the country a frontrunner in the sector.
Trump's support for crypto ecosystem
As part of his presidential campaign, Trump has expressed his strong support for Bitcoin and the broader crypto ecosystem and announced potential measures to promote this industry if he is re-elected.
Musk possible advisory role in Trump administration
Discussions suggest that Musk could potentially take on an advisory role in Trump's administration should he secure a second term. Trump's team is also considering inviting Musk to the Republican Convention.
Trump's crypto-friendly initiatives
Trump has committed to extensive crypto-friendly initiatives, including promoting self-custody for the country's crypto holders and pardoning Ross Ulbricht's prison sentence, reflecting strong support for the cryptocurrency field.