TRUMP'S CRYPTO MOVES SPARK MAJOR DEBATE
The Trump administration has been aggressively pushing crypto deregulation since returning to office and it’s causing quite a stir. By appointing crypto-friendly regulators and halting several enforcement actions, the administration is trying to position the U.S. as a global hub for digital assets. But there’s a twist.
Trump's own family is heavily involved in the space. Their firm, World Liberty Financial, recently launched a stablecoin called USD1, and critics argue the deregulation benefits Trump’s business interests more than the public good. Lawmakers and economists are raising red flags over conflicts of interest and the lack of safeguards. The crypto market may see short-term growth from these policies, but the long-term impact remains uncertain.