Trump family buys into crypto as regulators consider soft touch on the industry | Article
Any doubts that the new administration will take a light touch to upcoming cryptocurrency regulation vanished with President Donald Trump’s launch of his own stablecoin and his family’s growing investments in crypto businesses.
Previously wary of the industry, Trump has embraced crypto and now wants to “make America the crypto capital of the world,” a campaign promise he reiterated in a March 6 executive order creating a U.S. strategic cryptocurrency reserve.
Cryptocurrency (crypto) is a digital asset that launched in 2009 with the release of bitcoin. Crypto has become wildly popular, even while highly risky and not backed by U.S. government…
