Washington’s most powerful cryptocurrency champion is starting to become a headache for the industry.
More than four months after he took back the Oval Office, President Donald Trump’s business empire is quickly establishing itself as a new crypto empire.
Trump Media rolled out its plans to start buying bitcoin just days after the memecoin dinner drew widespread backlash, including among some congressional Republicans. House Financial Services Chair French Hill of Arkansas, whose committee is a critical player in pushing through crypto legislation, said last week on CNBC that the $TRUMP memecoin makes his “work in Congress more complicated.”$TRUMP
