Donald Trump’s cryptocurrency project has received a significant investment of $100 million after it was granted reprieve by the US Securities and Exchange Commission (SEC). The project, which was facing regulatory hurdles, now has backing from a prominent US tycoon.
The move comes as the US president is threatening to initiate a trade war with various countries. The FT will continue to provide updates on tariffs and executive orders.
Source: https://www.ft.com/content/548161ee-0cfb-4f0c-90ea-b3ff3567f09d