The Daily Telegraph has highlighted former US President Donald Trump's shift towards cryptocurrency and dubbed him the "crypto president." The paper sees his conversion as a warning sign, with concerns that deregulation could lead to fraud and financial crises. Despite this, Trump is moving forward with a crypto-friendly agenda, including appointing key figures in the industry to his administration and launching a crypto venture. While some argue that deregulation is necessary for the industry's growth, critics fear the potential systemic risks of lifting restrictions on banking exposure to crypto. Regardless, Trump's crypto strategy appears to be continuing unabated.
- Content Editor ( cryptopolitan.com )
- 2025-01-04
Trump hated crypto before he loved it. So what? That’s half the community