Donald Trump

JD Vance

Donald Trump Jr.

Donald Trump Jr. has made waves in the crypto community with a bold statement on X, where he confidently declared,&nbsp; 
<blockquote>
 “We’re about to shake up the crypto world with something HUGE.”
</blockquote> 
Also, according <a href="https://x.com/DonaldJTrumpJr/status/1820916519682912533" rel="nofollow" target="_blank">to</a> him, decentralized finance (DeFi) is the future of finance, promising more transparency, security, and accessibility. 
But that wasn’t all. Adding to the buzz, Eric Trump also hinted at a big crypto-related announcement shortly after his brother. Eric described the news as “big” and said it would be a game-changer for the industry.&nbsp; 
<img loading="lazy" decoding="async" class="alignnone wp-image-565353 size-full" src="https://www.cryptopolitan.com/wp-content/uploads/2024/08/Screenshot-2024-08-07-at-21.42.23.png" alt="Donald Trump's son says they're about to &quot;shake up the crypto world&quot;" width="1181" height="426" srcset="https://www.cryptopolitan.com/wp-content/uploads/2024/08/Screenshot-2024-08-07-at-21.42.23.png 1181w, https://www.cryptopolitan.com/wp-content/uploads/2024/08/Screenshot-2024-08-07-at-21.42.23-300x108.png 300w, https://www.cryptopolitan.com/wp-content/uploads/2024/08/Screenshot-2024-08-07-at-21.42.23-768x277.png 768w" sizes="(max-width: 1181px) 100vw, 1181px"> 
This has only fueled more speculation and interest in what the Trumps might be planning for Bitcoin and its pals. There are rumors that the big announcement might involve a project called “World Liberty.”&nbsp; 
Trademark records tell us that this could be a new initiative or platform related to decentralized finance. However, nothing has been officially confirmed, and details are still scarce. 
<figure id="attachment_557466" aria-describedby="caption-attachment-557466" style="width: 100%" class="wp-caption alignnone">
 <img loading="lazy" decoding="async" class="wp-image-557466 size-full" src="https://www.cryptopolitan.com/wp-content/uploads/2024/07/Whats-in-store-for-Americas-economy-if-Trump-and-Vance-win.webp" alt="Donald Trump's son says they're about to &quot;shake up the crypto world&quot;" width="1440" height="960" srcset="https://www.cryptopolitan.com/wp-content/uploads/2024/07/Whats-in-store-for-Americas-economy-if-Trump-and-Vance-win.webp 1440w, https://www.cryptopolitan.com/wp-content/uploads/2024/07/Whats-in-store-for-Americas-economy-if-Trump-and-Vance-win-300x200.webp 300w, https://www.cryptopolitan.com/wp-content/uploads/2024/07/Whats-in-store-for-Americas-economy-if-Trump-and-Vance-win-1200x800.webp 1200w, https://www.cryptopolitan.com/wp-content/uploads/2024/07/Whats-in-store-for-Americas-economy-if-Trump-and-Vance-win-768x512.webp 768w" sizes="(max-width: 1440px) 100vw, 1440px">
 <figcaption id="caption-attachment-557466" class="wp-caption-text">
 Donald Trump and JD Vance
 </figcaption>
</figure> 
It is well-known by now that Donald Trump has made crypto the center of his campaign against the Democrats. In fact, months ago, he mentioned that he is building a crypto army to fight Joe Biden. 
He has made so many promises for crypto people, and even made an appearance at the Nashville Bitcoin conference last month where he raised millions of dollars. 
<img loading="lazy" decoding="async" class="alignnone wp-image-565354 size-full" src="https://www.cryptopolitan.com/wp-content/uploads/2024/08/wirestory_6f1314f5e99bbf47cc3ee6fc6178588d_16x9.avif" alt="Donald Trump's son says they're about to &quot;shake up the crypto world&quot;" width="992" height="558" srcset="https://www.cryptopolitan.com/wp-content/uploads/2024/08/wirestory_6f1314f5e99bbf47cc3ee6fc6178588d_16x9.avif 992w, https://www.cryptopolitan.com/wp-content/uploads/2024/08/wirestory_6f1314f5e99bbf47cc3ee6fc6178588d_16x9-300x169.avif 300w, https://www.cryptopolitan.com/wp-content/uploads/2024/08/wirestory_6f1314f5e99bbf47cc3ee6fc6178588d_16x9-768x432.avif 768w" sizes="(max-width: 992px) 100vw, 992px"> 
If Trump wins the 2024 presidential election, he said he wants to create a “strategic national bitcoin stockpile” using the Bitcoin the U.S. government already holds. He has said that:&nbsp; 
<blockquote>
 “If I am elected, it will be the policy of my administration to keep 100% of all the Bitcoin the US government currently holds or acquires in the future.”
</blockquote> 
The U.S. government holds around 203,239 Bitcoin tokens, worth about $14 billion, mostly from criminal seizures.&nbsp; 
Trump plans to keep all this Bitcoin rather than selling it. He promises to make America a “Bitcoin mining powerhouse” and the “crypto capital of the planet.” 
The Republican candidate has also pledged to fire Gary Gensler, the current SEC chair, and appoint a new, more crypto-friendly SEC chairman.

Donald Trump’s son says they’re about to “shake up the crypto world”

Cryptopolitan_News

Other articles published on Aug 7, 2024

Ethereum Core Developer: Crypto Is Casino

Michael Saylor Bullish on BTC: Will Bitcoin’s Rally Lead to Long-Term Gains for Altcoins?

The Top Ten Industries To Have Embraced Cryptocurrencies

Michael Saylor Shares Epic Bitcoin Comment as Price Reclaims $57,000

Ronin Network Security Breach: $12M in ETH and USDC Stolen

DePIN early-stage fundraising has grown 296% YoY: Messari

Join our free newsletter for daily crypto updates!