Donald Trump has been on quite a journey since the days when he said bitcoin “seems like a scam”. This week, the Trump family media company said it was raising $2.5bn from investors to buy up the cryptocurrency. His sons Eric and Donald Jr promised thousands of orange-clad bitcoin investors in Las Vegas a bonanza, in part because, as his vice-president JD Vance told the same conference, “crypto finally has a champion and an ally in the White House”. Bitcoin has hit a recent record high on optimism that US lawmakers will soon agree their first crypto regulations — for stablecoins, or digital…
Crypto wins a champion in the White House
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