Donald Trump suggested Monday that if he were re-elected as president, his administration would refrain from implementing stringent regulations on the utilization of Bitcoin or other cryptocurrencies.
“I have seen there has been a lot of use of that,” Trump remarked, alluding to the digital currency, during an interview on CNBC’s “Squawk Box.”
![Trump Hints at Hands-Off Approach to Bitcoin and Other Cryptocurrencies as President](https://analyzingmarket.com/wp-content/uploads/2024/03/Bitcoin-5.jpg)
“And I’m not sure that I’d want to take it away at this point,” he supplemented.
Trump, who stands as the presumptive Republican nominee for president, portrayed himself as a traditionalist concerning currency, expressing, “I used to say, ‘I want one currency, I want the dollar, I don’t want people leaving the dollar.’”
![Trump Hints at Hands-Off Approach to Bitcoin and Other Cryptocurrencies as President](https://analyzingmarket.com/wp-content/uploads/2024/03/Crypto-currency-.jpg)
However, he acknowledged that when he recently introduced a line of high-priced Trump-branded sneakers, “I noticed that so many of them were paid for with this with a new currency … you know, cryptocurrency and I couldn’t believe the amount.”
Inquired whether he had personally invested in Bitcoin, Trump responded, “No, no, no, but I sometimes will let people pay through Bitcoin.”