US president Donald Trump waited a beat to soak up the applause. In front of a baying crowd of bitcoiners at crypto conference Bitcoin 2024 in July, he had just laid out his plan to turn the US into the world’s undisputed bitcoin mining superpower. “I want it to be mined, minted, and made in the USA,” he told the audience. “You’re going to be very happy with me—you’re going to be so happy.”
Since returning to the White House, Trump has largely followed through on his crypto-related pledges: He has moved to establish a national bitcoin reserve, replaced the leader of the regulatory agency that pursued crypto firms most
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