Former United States President Donald Trump is doubling down on his cryptocurrency advocacy for his 2024 presidential candidacy, signaling a strategic pivot towards embracing digital currencies more openly.

At a fundraiser in San Francisco co-hosted by Craft Ventures’ David Sacks and tech mogul Chamath Palihapitiya, Trump boldly asserted his intention to be recognised as the "crypto president," in stark contrast to his previous lukewarm stance on cryptocurrencies.

In his efforts to garner support within the tech and crypto communities, Trump elaborated on his vision for advancing the cryptocurrency sector, promising to propel the industry forward.

This stance sets him apart from the Democratic Party, which he criticises for seeking to impose more stringent regulations on the burgeoning field.

This shift in Trump's campaign strategy underscores a broader acknowledgment of cryptocurrency's growing influence in the finance and technology sectors.