Former President Donald Trump is doubling down on his support for the cryptocurrency industry, vowing to protect the rights of 50 million Americans to control their own digital assets.

Addressing his followers in Washington D.C., the 2024 Republican candidate declared his intention to “crush” the Biden Administration’s anti-crypto stance.

Trump also promised to shield Americans’ crypto holdings from Democratic Senator Elizabeth Warren, who is renowned for proposing legislation against cryptocurrencies, and to prevent the government from creating a central bank digital currency (CBDC).

“I will also put an end to Joe Biden’s campaign to stifle crypto; we will stop it. I will ensure that the future of crypto and Bitcoin will be shaped in the United States, not outsourced overseas.

I will defend the right to self-custody for the 50 million crypto holders in our nation. I make this promise with your vote. I will keep Elizabeth Warren and her associates far away from your Bitcoin, and I will never allow the establishment of a central bank digital currency.”

Earlier this month, Trump targeted the crypto community by announcing his acceptance of digital assets, while simultaneously criticizing Democrats and Gary Gensler, the Chair of the U.S. Securities and Exchange Commission (SEC), for their anti-crypto stance.

Furthermore, he revealed that his campaign would now be open to receiving crypto donations in popular virtual currencies such as BTC, Ethereum (ETH), Dogecoin (DOGE), XRP, Solana (SOL), and Shiba Inu (SHIB).

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