During his speech, Trump promised to commute the sentence of Ross Ulbricht, the convicted Silk Road founder serving a double life sentence for his role in the marketplace’s creation.
Why It Matters: The statement followed Trump’s recent embrace of cryptocurrencies, which marks a 180-degree turn from his position a few years ago when he called Bitcoin “a scam.”
He also vowed to build a “crypto army” in opposition to Warren’s “anti-crypto army.”
What’s Next: The role of crypto policy for the future of the digital asset space is expected to be thoroughly explored at Benzinga’s upcoming Future of Digital Assets event on Nov. 19.
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