Master stroke or conflict of interest? 🤔🇺🇸
Just three days after President Trump signed the historic GENIUS Act, which relaxes crypto laws in the U.S., his company Trump Media & Technology Group revealed that it had accumulated $2 billion in Bitcoin and related securities. This represents about two-thirds of its liquid assets and skyrocketed its stock value.
Why did it raise alarms? 🚨
• Suspicious timing: The massive BTC purchase remained hidden until the new pro-crypto law was approved.
• Trump, regulator, and beneficiary: As president and major shareholder of Trump Media, Trump signed the law and then his company announced the BTC pile, raising doubts about possible conflicts of interest.
• The GENIUS Act explained:
• Provides a clear legal framework for stablecoins and digital assets in the U.S.
• Facilitates their legal use and the entry of institutions into the ecosystem.
What people are saying 👀
• Critics argue that Trump “wrote the regulation and then made the first move,” mixing power and wealth for his own benefit.
• Equity uncertainty: This makes many doubtful about whether the system truly serves everyone, or just those who move the big pieces.
What does this mean for crypto? 🚀
• The sector gains momentum and legitimacy, but debates about ethics, transparency, and real regulation arise.
• BITCOIN rises and the eyes of the crypto world are fixed on the U.S. and how power can move the market.
