From critic to investor: Trump welcomes crypto leaders to White House
Donald Trump on Friday doubled down on his embrace of cryptocurrencies as he hosted top industry players at the White House, while making investments in the field.
US crypto investors were major supporters of Trump’s presidential campaign, contributing millions of dollars toward his victory in hopes of ending the deep skepticism of the previous Democratic administration toward digital currencies.
“Last year, I promised to make America the bitcoin superpower of the world and crypto capital of the planet, and we’re taking historic action to deliver on that promise,” Trump told the assembled room of executives.
Once hostile to the crypto industry, Trump has already taken significant steps to clear regulatory hurdles and has money…