Trump Media Raises $2.5 Billion to Buy Bitcoin as Admin Boosts Crypto
Trump Media & Technology Group's crypto partners in the new venture are also lobbying Congress to pass major industry-friendly legislation now being advanced.
Trump Media & Technology Group's crypto partners in the new venture are also lobbying Congress to pass major industry-friendly legislation now being advanced.
Cantor Fitzgerald increased its investment in the Bitcoin company Strategy, whose executive chairman, Michael Saylor, has been the leading industry cheerleader for creating a national Bitcoin reserve.
Asked by senators, the Commerce secretary nominee declined to commit to recusing himself despite his cryptocurrency conflicts.
Trump's top adviser on personnel and nominee for Commerce secretary is deeply involved in controversial stablecoin project Tether.
The securities and investment industry gave about three in ten dollars raised by the Trump campaign and its super PACs through August.