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International Business Times
International Business Times
Business

Political Support Leading To Increasing Fallout For Crypto

Donald Trump Javier Milei Crypto Bitcoin United States fintech
The Bitcoin cryptocurrency has had a rocky ride since launching in 2008, and support from world leaders such as US President Donald Trump could do it more harm than good (Credit: AFP)

Support for cryptocurrencies from US President Donald Trump or Argentine leader Javier Milei has seen investors lose billions of dollars and is damaging a sector struggling for credibility, researchers told AFP.

"The entire crypto industry is being tarnished," said Claire Balva, strategy director for fintech company Deblock.

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