Tennessee senator supports Trump's push to make US a cryptocurrency hub

Odaily News Tennessee Senator Bill Hagerty announced his support for presidential candidate Donald Trump this week, pushing the United States to become a cryptocurrency hub. Hagerty compared cryptocurrencies to the semiconductor industry, arguing that the latter's outflow has weakened the United States' geopolitical position, and accused the Biden administration of "attacked the industry with all its might" and failed to provide a regulatory framework for it. Trump and the Republican Party are actively courting cryptocurrency votes, accepting cryptocurrency donations, and repositioning themselves as cryptocurrency-friendly candidates. (Decrypt)