Criticism #TrumpCrypto #TRUMP $TRUMP

The new cryptocurrencies launched by Donald Trump and his wife Melania Trump (which were released last Sunday) have drawn criticism from executives in the cryptocurrency sector, who were expecting a more serious approach to the industry from the new administration, according to Bloomberg.

Some executives stated that the currency named after the US president would cause more harm than good to a sector trying to rebuild its reputation.

Bloomberg quoted Rob Hadick, general partner at the venture capital firm Dragonfly Capital, which focuses on cryptocurrencies, saying that Trump’s coins "have now become a plague that we as creators must work to eliminate."

Source: Reuters