During a town hall event in South Carolina this week, former U.S. president Donald Trump appeared to have a more accepting attitude towards Bitcoin. Prior to the state’s Republican Primary, Trump stated in an interview with Fox News that he is noticing a growing number of people embracing Bitcoin and expressing interest in using it as a form of payment. He also mentioned that he is open to the idea of Bitcoin and could accept it as a currency. The Republican front-runner’s current stance on cryptocurrency is lukewarm, but in the past, it was more strict. In 2019, during his presidency, Trump expressed his dislike for Bitcoin and other cryptocurrencies, claiming that they are not actual currency and their value is based on nothing but speculation. Since that time, he has initiated or been involved in the initiation of cryptocurrency projects that are centered around him and his political career. There has also been significant focus on a wallet connected to the ex-president. Throughout Trump’s presidency, the SEC mainly communicated guidance through enforcement actions and warnings suggesting that selling BTC “may” breach securities laws. The SEC’s resistance to Bitcoin ETFs prompted multiple firms to withdraw their proposals. Following this, Trump discussed potential regulations for the cryptocurrency market. The former president stated that it has developed a life of its own. “You might need to implement some regulations.”