American crypto firms are still basking in their electoral victory after pulling off a remarkable political comeback and gaining influence in D.C. last November—but does a brewing civil war among their ranks now threaten to call the honeymoon off?
Last week, President Donald Trump issued a much-anticipated executive order on crypto, making good on a promise to deliver the industry a grab-bag of wishlist items. While the order thrilled many, it was the document’s omission of a single word that threatened to undo a fragile truce among crypto’s competing factions: Bitcoin.
Throughout his campaign, Trump vowed to establish a strategic federal
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