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Trump said on Sunday evening: “I am a supporter of cryptocurrencies and therefore I aim to distance them from Chinese influence.” Trump's statements come amid escalating competition between the United States and China, particularly in the fields of artificial intelligence, blockchain technology, and other technological innovations.

JUST IN: President Trump says, "I want crypto. Crypto is important because if we don’t do it, China will.

Trump is also seeking to host two dinners for cryptocurrencies, considered the most expensive in the history of the American presidency. Will it be a dinner for the beginning of the transformation of currencies into digital gold and a safe haven?

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