Former President Donald Trump publicly announces his support for cryptocurrencies during the Trump Cards NFT Gala at Mar-a-Lago, criticising the Biden administration's stance and aligning himself with pro-crypto sentiments.

Trump pledges to reverse the exodus of digital asset companies from the US by creating a more favorable regulatory environment.

Notably, he welcomes campaign donations in Bitcoin (CRYPTO:BTC) and other digital assets, signaling a significant shift in his acceptance and understanding of crypto.

Industry reactions are immediate, with experts highlighting the polarisation on crypto-related issues between political parties, indicating its emergence as a key topic for the 2024 US election.

Trump's pro-crypto stance could redefine Republican strategies and potentially sway voters concerned about digital currency regulation.