Former US President Donald Trump has previously repeatedly criticized Bitcoin and the cryptocurrency market in general.
According to him, such tools are used by criminal structures and rogue states. In addition, virtual currencies do not have any material support, which creates additional risks for the financial system in the event of their large-scale implementation.
In a recent interview with Fox Business, Trump once again voiced his negative attitude towards digital assets. In his opinion, the most reliable instrument in the world is the American dollar. If other assets try to take the leading positions, then the global economy will face a catastrophe.
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The ex-president stressed: "Cryptocurrencies can be counterfeited. Who knows what it is? People know very little about them."
In the current presidential administration, the head of the SEC, Gary Gensler, is a supporter of crypto regulation. He recently spoke out about the need to tighten control over the DeFi market.