US President Donald Trump has sparked skepticism among cryptocurrency enthusiasts with his announcement of a federal “strategic reserve” of cryptocurrency at the White House Digital Assets Summit. The proposal, which was seen as a key part of his plan to make the US a global leader in cryptocurrency, has raised concerns about potential corruption and exploitation by the president himself. Critics fear that Trump could use his influence to gain personal financial benefits from the industry he claims to support.
Source: https://www.washingtonpost.com/opinions/2025/03/21/trump-crypto-conflict-interest