This this this. (Click post below to see what she’s talking about.)
I’ll add that crypto is a purely speculative digital asset with no uses except criminal transactions. That means it’s highly volatile and unpredictable. Integrating it into banking makes the system vulnerable to its sudden drops.
T.J. Stiles
The guardrails continue to fall. It is functionally impossible to regulate a bank owned by the president. Yet it can imperil the entire banking system if it runs off the rails.
For heaven's sake, this has to be stopped.
Diana B. Henriques
President Donald Trump’s family crypto business is expected to soon be allowed to operate like a bank — a decision that would give U.S. companies a new route to steer money to the president.
www.notus.org/economy/trum...
Trump-appointed bank regulators’ crypto-friendly approach is likely to extend to World Liberty Financial, despite ethics concerns.