Donald Trump is embracing cryptocurrency ahead of the 2024 Presidential Election. The former President issued a rallying cry to Bitcoin miners this week to consolidate support from the crypto industry.
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The presumptive Republican presidential nominee, Donald Trump, announced late Tuesday afternoon that he would accept donations in Bitcoin, Ether, Dogecoin, Solana, and other cryptocurrencies. With this move, he has become the first major party candidate to embrace digital currencies.
Wisconsin has officially become the first state to buy bitcoin, according to a new filing with the U.S. Securities and Exchange Commission. And while $98 million isn’t considered a lot of money for a state pension fund, it’s still a notable move given how notoriously volatile cryptocurrency investing can be.
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Early crypto investor Roger Ver, a.k.a. ‘Bitcoin Jesus,’ has been charged with a tax fraud, with the Department of Justice saying he evaded nearly $50 million in taxes.