#TrumpBitcoinEmpire #TrumpBitcoinEmpire

The most powerful cryptocurrency champion in Washington is starting to become a headache for the sector.

More than four months after reclaiming the Oval Office, President Donald Trump's business empire is quickly establishing itself as a new cryptocurrency empire.

His interests in the lightly regulated sector include the digital asset startup World Liberty Financial and the memecoin $TRUMP, a type of high-risk cryptocurrency that was launched shortly before his inauguration. Last week, the president attended a private gala dinner at his golf club in Virginia for top holders of the memecoin, generating national media coverage. And on Tuesday, Trump Media & Technology Group, whose shares are predominantly held by Trump, revealed plans to raise $$ 2.5 billion to fund a wave of bitcoin purchases.