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Democrats are drawing closer to the crypto industry despite Trump divisions

  • President Donald Trump was inaugurated in January 2025, marking the start of his administration's significant involvement with cryptocurrency.
  • This involvement stems from Trump Media and Technology Group's official filing for a Bitcoin ETF and the launch of Trump-family crypto projects like World Liberty Financial.
  • Trump Media plans to raise $2.5 billion to purchase bitcoin, while the Trump family has promoted meme coins and hosted major crypto investors, reflecting a pro-crypto White House agenda.
  • At the 2025 Bitcoin Conference, allies of Trump highlighted cryptocurrency as a key element of financial liberty, with Eric Trump declaring that the current president is fully supportive of the crypto sector.
  • This surge in institutional crypto investment and deregulation suggests Trump’s administration aims to legitimize digital currencies and intertwine his personal ventures with U.S. crypto policy.
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  • 63% of the sources are Center
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Winnipeg Free Press broke the news in Winnipeg, Canada on Monday, June 9, 2025.
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