#TrumpBitcoinEmpire refers to the growing influence and participation of Donald Trump in the field of cryptocurrencies. Once skeptical, the former president has adopted a pro-crypto stance, promising to make the United States the "crypto capital of the world".
His administration has enacted favorable laws for cryptocurrencies, such as the GENIUS Act to regulate stablecoins. Additionally, his companies, like Trump Media & Technology Group, are heavily investing in Bitcoin, with holdings exceeding $2 billion. This foray includes plans for a "Bitcoin treasury" and the creation of cryptocurrency ETFs. The move has sparked a debate over potential conflicts of interest, but it has also boosted the legitimacy of the crypto industry in the mainstream.