Does Donald Trump Support Crypto?

The former president and leading Republican candidate for next year’s election held $2.8 million in a cryptocurrency wallet as of early August, according to official documents governmental ethics watchdog Citizens for Responsibility and Ethics in Washington received Monday. He also earned $4.87 million in licensing fees from his non-fungible token collection, per the filing. Trump, despite being a crypto skeptic when he was president, last year debuted a non-fungible token (NFT) project called Trump Digital Collectible Cards sporting images of himself. He released a second series of collectibles this April. Both collections sold out.

Although Trump said he was "not a fan" of cryptocurrency in July 2019, he appeared enthusiastic to promote his new collection. "GET YOUR CARDS NOW! Only $99 each! Would make a great Christmas gift. Don’t Wait. They will be gone, I believe, very quickly!" he wrote in a post on his platform.