President Trump signed an executive order on Thursday to create a national stockpile of Bitcoin and other digital currencies, an adviser said, an audacious idea that has been widely criticized as a scheme to enrich crypto investors. The basis of the stockpile will be a stash of Bitcoin, estimated to be worth as much as…
The consequences of a crypto reserve Cryptocurrencies are again riding high, after President Trump announced that he would create a national crypto reserve with five tokens, including three lesser-known and highly volatile ones. It’s the latest boost that Trump has given the crypto industry, which spent some $130 million backing him and other Republicans. But…
As President Trump embarked on a sweeping crackdown on immigration upon his return to office this week, he left unresolved a rift that surfaced last month among some of his most influential supporters about the role of skilled foreign workers in the U.S. labor market. The split over the H-1B visa program, which allows skilled…