Trump’s Crypto Venture Introduces a Stablecoin
World Liberty Financial, the crypto business created by President Trump and his sons, unveiled a cryptocurrency called a stablecoin, furthering his ties to an industry his administration regulates.
It Is Happening Every Day, Every Where
World Liberty Financial, the crypto business created by President Trump and his sons, unveiled a cryptocurrency called a stablecoin, furthering his ties to an industry his administration regulates.
After the president made A.I. dominance a top priority, tech companies changed course from a meeker approach under the Biden administration.
Elon Musk’s role in the White House allows him to cancel contracts and influence policy, potentially benefiting his companies. Supporters say he has the best technology.
Steve Davis, a longtime Musk loyalist, is effectively the leader of the Department of Government Efficiency. Mr. Musk has likened him to chemotherapy.
The first-of-its-kind event at the White House with top crypto executives and the president showcased Mr. Trump’s embrace of the once renegade industry.
The investment plan, announced at the White House, was made as the Trump administration pushes to bring chip making back to the United States.
Libertarian and crypto allies of Ross Ulbricht, who was serving a life sentence for distributing drugs on his Silk Road website, leveraged President Trump’s desire for political support to secure his release.
The utility, Santee Cooper, is trying to sell two nuclear reactors that it abandoned in 2017 as tech companies seek new sources of electricity for data centers.
Shortly after taking office Monday, the president issued the order to delay the app’s ban by at least 75 days. The law went into effect on Sunday.
New administrations move quickly to replace the site, and Mr. Trump’s struck a starkly different tone from the message the Biden administration had offered.