US President Donald Trump should have been a godsend to the mysterious world of cryptocurrency.
Instead, it has been a godsend to him.
A late convert to the cause, Trump marshalled the crypto world behind him during the 2024 election after denouncing the alternate monetary system as “a scam” during his previous tenure as president.
America, he promised, would become the world’s crypto capital.
Donald Trump embraced crypto on the campaign trail in 2024. (Reuters: Kevin Wurm)
To achieve that he would loosen regulations, install a crypto-friendly chief to the US Securities and Exchange Commission and ensure widespread acceptance of Bitcoin.
He’s delivered on all counts and amassed a vast fortune along the way.
According to filings released last…
