US President Donald Trump was once skeptical of digital assets, saying Bitcoin “seems like a scam” and that crypto’s value was “based on thin air.”

Now, cryptocurrency is at the centre of both his economic agenda, and his personal wealth. 

Since returning to office in January, Trump has put out executive orders supporting the industry, expanding the government’s use of digital assets, and paving the way for retirement funds to invest in cryptocurrencies – all while his administration dismantles the regulations that keep the industry in check.

Today, tech and power reporter for The Guardian Nick Robins-Early, on how Trump is using the presidency to push crypto – all while building a sprawling crypto empire.

This is part one of a two-part interview.


If you enjoy 7am, the best way you can support us is by making a contribution at 7ampodcast.com.au/support.


Socials: Stay in touch with us on Instagram

Guest: Tech and power reporter for The Guardian, Nick Robins-Early

Photo: AP Photo/Mark Humphrey, File

US President Donald Trump was once skeptical of digital assets, saying Bitcoin &ldquo;seems like a scam&rdquo; and that crypto&rsquo;s value was &ldquo;based on thin air.&rdquo;
Now, cryptocurrency is at the centre of both his economic agenda, and his personal wealth.&nbsp;
Since returning to office in January, Trump has put out executive orders supporting the industry, expanding the government&rsquo;s use of digital assets, and paving the way for retirement funds to invest in cryptocurrencies &ndash; all while his administration dismantles the regulations that keep the industry in check.
Today, tech and power reporter for The Guardian Nick Robins-Early, on how Trump is using the presidency to push crypto &ndash; all while building a sprawling crypto empire.
This is part one of a two-part interview.
 If you enjoy 7am, the best way you can support us is by making a contribution at 7ampodcast.com.au/support.
 Socials: Stay in touch with us on Instagram
Guest: Tech and power reporter for The Guardian, Nick Robins-Early
Photo: AP Photo/Mark Humphrey, File

An independent daily news show. We feature the country’s best reporters, covering the news as it affects Australia. This is news with narrative, every weekday.

An independent daily news show. We feature the country&rsquo;s best reporters, covering the news as it affects Australia. This is news with narrative, every weekday.

A daily news show from the publisher of The Monthly and The Saturday Paper.

A daily news show from the publisher of The Monthly and The Saturday Paper. Hear from the country’s best reporters, covering the news as it affects Australia. This is news with narrative, every weekday.

Part 1: How Trump is shaping the financial industry in crypto’s favour

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/83fcee65-bed9-430d-8500-b353006ac7c7/transcript

Advertisement