Trump to Address Bitcoin 2024 Conference, Bolstering Crypto Credentials

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Former President’s appearance at major cryptocurrency event in Nashville highlights growing political embrace of digital assets, as Trump and other candidates vie for support from the crypto community

Former U.S. President Donald Trump is set to take center stage at the Bitcoin 2024 conference in Nashville, Tennessee, from July 25 to 27. This appearance at one of the world’s largest bitcoin gatherings underscores the growing intersection of politics and cryptocurrency in the lead-up to the November presidential election.

ANNOUNCING: PRESIDENT DONALD J. TRUMP TO SPEAK AT #BITCOIN2024 pic.twitter.com/F2mwECVMTW

— The Bitcoin Conference (@TheBitcoinConf) July 10, 2024

Trump’s inclusion in the speaker lineup comes amid his increasing vocal support for the cryptocurrency and blockchain industry. Last month, the presumptive Republican nominee pledged to advocate for bitcoin mining if elected president. This follows his May decision to accept political donations in cryptocurrencies, a move that has garnered backing from influential crypto figures such as Gemini founders Cameron and Tyler Winklevoss, and Ark Invest CEO Cathie Wood.

>> Read more: 2024 U.S. Presidential Election Series

The Bitcoin 2024 conference will also feature other political heavyweights, including presidential candidate Robert F. Kennedy Jr., former candidate Vivek Ramaswamy, and Republican Senators Bill Hagerty and Marsha Blackburn. Kennedy Jr., who delivered a pro-crypto keynote at Bitcoin 2023, has vowed to protect people’s right to hold and use bitcoin.

In contrast, President Joe Biden’s campaign has reportedly been seeking guidance on digital asset policies from industry members but has yet to make significant crypto-related announcements. This cautious approach has drawn criticism from tech industry groups, with the Chamber of Progress urging Biden to support comprehensive crypto regulation.

The political embrace of cryptocurrency is reflected in prediction markets, where users on Polymarket currently forecast a 63% chance of a Trump victory in November, compared to just 13% for Biden.

As the 2024 presidential race heats up, the Bitcoin 2024 conference in Nashville may prove to be a pivotal moment in shaping the narrative around cryptocurrency regulation and adoption in the United States.