As concerning as Trump’s (mis)use of pardon powers has been, his about-face on cryptocurrency, an asset he once dismissed but has now warmly embraced, is just as worrying. Whether it’s handing out pardons to crypto criminals or launching a so-called “strategic crypto reserve” (and promoting coins tied to his Cabinet member’s business ventures in the process), Trump’s actions raise serious questions about corruption, accountability, and the future of financial regulation.
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