Why Did Donald Trump Change His Mind On Bitcoin?

Quick Summary:

Earlier this month, the Republican Presidential Candidate Donald Trump changed his mind on crypto and adopted an ambitious platform to promote Bitcoin.

This has now been explicitly adopted by the Republicans for their 2024 election campaign, showing the practical influence Ramaswamy is having on Republican policy.

In February this year, the US Department of Energy’s Energy Information Administration (EIA) issued an “emergency” survey to bitcoin mining companies, demanding highly sensitive information such as the specifications of the machines being used, the specific locations of their mining operations, and contractual information relating to their commercial energy partners.

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Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets: India

Topics: Mind News Latest News Change BITCOIN Donald Trump Bitcoin News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-27 @ 15:29:23 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 1067 words

Reading Time: 6 minutes read

Sentences: 45 lines

Sentence Length: 24 words per sentence (average)

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

Copyright Owner: © BitcoinWorld

News ID: 21792753

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 12 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 19 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #121

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