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What Trump’s embrace of crypto has unleashed
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Declaring himself the first “crypto president”, US President Donald Trump ended a regulatory crackdown on crypto companies.
PHOTO: REUTERS
David Yaffe-Bellany and Eric Lipton
WASHINGTON - This summer, a group of executives pitched a business plan to Mr Anthony Scaramucci, the Wall Street financier and short-lived adviser to US President Donald Trump.
They wanted Mr Scaramucci to join a publicly traded company with a peculiar strategy: accumulating enormous quantities of cryptocurrency to make its business more appealing to investors.
