At a White House summit last week, Commerce Secretary Howard Lutnick spoke passionately about the Trump administration’s plans to embrace cryptocurrencies, a largely unregulated industry that has historically operated on the fringes of finance.
“Technology is at the foundation of the Trump presidency,” Lutnick said, addressing two dozen crypto CEOs. “We’re using the blockchain. We’re using bitcoin. We are going to use digital assets to pound forward, and Donald Trump is leading the way.”
The summit was remarkable in part because of the shift in tone from the White House, which
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