Thursday, January 23, 2025

President Trump, Crypto Billionaire

 https://www.wsj.com/opinion/donald-trump-crypto-token-melania-securities-and-exchange-commission-8cb7abf2?mod=hp_opin_pos_0

Donald Trump doesn’t always separate his personal interests from his public obligations, and a howling example is his sudden new status as a crypto billionaire. The President is inviting trouble with what looks like remarkably poor judgment.

Crypto markets have boomed since Mr. Trump’s election in part on expectations of friendlier regulation. And so be it. Animal spirits have been rising all around. But Mr. Trump and his family have tried to cash in on the mania by minting Trump-branded coins.

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