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Salon
Salon
Politics
Daria Solovieva

EXPLAINED: Trump signs order promoting crypto | Vintage Vibes

Donald Trump Crypto Alex Thorn Caroline Pham David Sacks Joe Biden Mark Uyeda Travis Hill SEC

President Donald Trump has issued an executive order and a slew of appointments to govern digital assets, signaling his further alliance with an industry he and his family are invested in.

On Thursday, he signed an executive order that contained few details but was an apparent attempt to boost the development of cryptocurrencies. Crypto "might not be exciting, but it’s going to make a lot of money for the country," Trump told reporters.

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