SEC Hester People Commissioner discusses the enforcement of encrypted currency and CAMAN.
president Donald Trump Cryptocurrency Meme Coin rose on Wednesday after a web site promoted that prominent holders will be able to reach a private dinner with the president next month.
the $ Trump Mimi currency More than 60 % rose on Wednesday after the position announced the “most distinctive invitation in the world” and promised the best 220 buyers at a private dinner with the president on May 22 at the National Golf Club in Washington, DC.
In addition, the 25 best holders will receive a “very special reception with the president” in addition to a “special tour”, the advertisement said.
To be qualified, those present in the first places must be 220 of Trump holders $ from April 23 to May 12; The background examination must be passed; It cannot be from a country in the KYC Money Control List; It is not possible to bring a guest.
Trump Media and Crypto.com partner in ETF offers
President Trump described his administration’s efforts to enhance the encryption industry. (Brett Carlsen / Bloomberg via / Getty Pictures)
The terms of the $ TROMP dinner display indicated that “President Trump may not be able to attend,” but the winners will get a limited symbol from Trump that are not violated (instead. “
The promotion of the web site for the Gala dinner with the president of the largest currency holders is the latest in a series of encryption projects by Trump and his family during the past year.
Those Encryption projects Include the New Crypto Exchang World Liberty Financial, while the Trump group of media and technology, which the president has a 3 billion dollar stake, may be enrolled in encryption financing.
Trump undertook to make us “undisputed great power with the world and coding capital in the world”
Trump and his family followed many encryption projects last year. (Brett Carlsen / Bloomberg via / Getty Pictures)
Trump carried a campaign against the rule as a “president of encryption” and made the United States “the great power of bitcoin in the world.” Since he took office, his administration sought to reshape Regulatory systems That has an emerging industry control.
Critics raised fears that the president’s connection to various cryptocurrency projects can open the door for conflicts of interests and influence assembly.
Trump creates the strategic bitcoin reserves, other encrypted currencies to use in the stock
The Mimi coin from Trump was launched before its inauguration. (Nural / Arnadolus via / gerty images)
Tony Cartch, CEO of accountability. Government ethics The Censorship Group said of the announcement that “there was no clearer case for a president who used his office to put money in his pocket, or a greater possibility for special interests to purchase the department’s interest that may threaten the public interest.”
“The origins of President Trump are confidently managed by his children. There is no conflict of interest,” Anna Kelly, a member of the White House journalist, told Reuters.
The $ Trump, which was launched before the President’s opening on January 20, rose to $ 74.59 before declining to $ 7.14 on April 7. It rose above $ 14 during this week’s increase, and since then some of these gains divided, about $ 12.24 traded until Thursday noon. Crypto Analytics Chainalysis found that, as of March 12, the currency has achieved at least 350 million dollars as fees for entities associated with the president.
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Recently last week, encryption observers expected the $ Trump currency to collapse with 40 million new code to cancel its insurance. However, the Meme Coin account said on Wednesday that the opening of the lock will be delayed for 90 days.
Reuters contributed to this report.
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