In Focus: Trump's crypto stance takes a cryptic turn

Jan 22, 2025

What began as a promising alliance between Donald Trump and the cryptocurrency industry has morphed into a complex ethical dilemma, as the president's launch of personal tokens threatens to undermine his earlier efforts to legitimise the sector.

In Focus: Trump's crypto stance takes a cryptic turn

Trump's transformation from a crypto sceptic to an industry champion took a decisive turn in June 2024, when he gathered top Bitcoin miners at Mar-a-Lago and declared his ambition to make America "the crypto capital of the planet".

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