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.
65 Articles
65 Articles
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