7m
22 Jan 2025

Donald Trump and his plans as the first ‘crypto president’

Economics Correspondent

He once dismissed Bitcoin as being “based on thin air”, but Donald Trump has very much changed his tune on crypto-currencies.

An industry that felt unfairly targeted by the Biden administration spent big to get him back into office – and some say they swung it for him. Then, just before his inauguration, he and Melania launched their own meme coins – a move even crypto fans say looks like an unseemly cash grab.