President Donald Trump is scheduled Friday to address a White House cryptocurrency summit, elevating an industry he promised to aid during his campaign and has treated favorably through executive orders and other actions since returning to the Oval Office. Trump also has a personal stake in the industry, having launched and promoted a new cryptocurrency venture ahead of his inauguration. The new project involves a type of coin tied to an online trend or personality, a highly volatile sort of token called a meme coin that crypto enthusiasts can buy and sell. Before his afternoon address, Trump is scheduled to issue more executive orders. The White House has not disclosed the subject matter.

#BitcoinPolicyShift