Former President Trump Taps Crypto-Friendly Tycoon to Lead 2024 Transition Team

Quick Summary:

In a move that underscores the growing influence of the crypto industry in the political sphere, former president Donald Trump announced on Friday that he will appoint Howard Lutnick, the CEO of financial firm Cantor Fitzgerald, to lead his transition team should he be re-elected in 2024.

Additionally, Tether recently acquired a $100 million stake in Bitdeer Technologies Group, a US-listed Bitcoin mining company.

Lutnick underscored the firm’s expertise in arranging and financing diverse securities and commodities, emphasizing their commitment to supporting BTC.

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Article Details

Author / Journalist: Ronaldo Marquez

Category: Crypto

Markets: Hungary

Topics: Bitcoin Cryptocurrencies Digital currency Btcusd Breaking News Ticker Donald Trump Crypto Btc Cantor Fitzgerald LP Bitcoin Donald Trump Crypto news Crypto Donald Trump Cryptocurrency BTCUSDT

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-16 @ 18:25:24 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 447 words

Reading Time: 3 minutes read

Sentences: 30 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 22107099

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 18 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #105

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