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Here’s How Donald Trump Has Become The First Unofficial ‘Crypto President’
HuffPost
Once a skeptic of cryptocurrencies, the president has made a complete reversal and embraced digital currencies in a way no other elected official has done.
Donald Trump has leaned into his unofficial role as the “crypto president” in ways that can both help the crypto industry and enrich himself and his family.
Once a skeptic of cryptocurrencies, Trump has made a complete reversal and embraced digital currencies in a way no other elected official has done. He’s promised to enact crypto-friendly policies and make the U.S. “the world capital” of digital assets.
He’s also attached the Trump name to a crypto token and other crypto-themed products. The cryptocurrency industry, which spent heavily to help Trump win last year’s election, has expressed mixed feelings about some of his crypto ventures.
Critics have said the ventures are ripe for abuse by people seeking Trump’s influence. Trump put his investments and assets in a trust managed by his children and has pledged not to play any role in managing his companies while president.
Here’s a by-the-numbers look at Trump’s crypto ties: