Former US President, Donald Trump, has labelled cryptocurrency as “very dangerous” and has warned of a massive explosion someday.
In an interview with Maria Bartimoro, Trump criticised crypto saying that he prefers to have the dollar as America’s main currency.
He voiced his concerns about the rising popularity of crypto, criticising the lack of government intervention in checking its rising influence.
Trump has been a long-time critic of cryptocurrency, saying earlier in the year that they need greater regulation and were a “disaster waiting to happen”.
In the interview, Trump also talked about former First Lady Melania Trump’s new non fungible token (NFT) project, titled “Melania’s Vision”.
Trump commented positively about the former First Lady’s NFT and remained confident her project would be a success.
Arsenal’s Crypto Ads Banned in the UK
Britain’s advertising regulator has banned two promotions from Arsenal Football Club claiming they were misrepresenting the risks of investing in cryptocurrencies.
The Advertising Standards Authority (ASA) said…