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"Odailyستار بلانيت نيوز recently reported on the crucial role of former US President Donald Trump in the cryptocurrency industry, according to Chris Giancarlo, the former chairman of the US Commodity Futures Trading Commission (CFTC). At the Digital Currency Policy Summit held in Washington, D.C., Giancarlo referred to Trump as the 'first cryptocurrency president of the United States'. This title stems from the government's approval during Trump's first year in office on Bitcoin futures contracts."
"And he also emphasized the importance of approving Bitcoin futures contracts during the Trump administration: 'The sustainable success of the regulated futures market helps ensure the pricing of the world's first digital commodity - Bitcoin - in dollars', and he emphasized the importance of Bitcoin in the future of digital assets."
Giancarlo said that digital currencies were not a political issue in 2017, as he supported regulation and agreed with other members of the Commodity Futures Trading Commission (CFTC) in supporting regulatory innovation. However, they have now become a political issue.
At the beginning of this month, Trump met with cryptocurrency enthusiasts and announced his decision to accept cryptocurrencies as campaign donations. He described President Joe Biden as someone who "doesn't even know what cryptocurrencies are" and emphasized that "if you support cryptocurrencies, it's better to vote for Trump." (Bitcoin.com)