Trump’s media and technology group, a social media group supported by US President Donald Trump, is considering integrating an encryption and wallet code into his video flow site, Truth+.
“We are exploring the introduction of a interest code in a digital portfolio in fact that can be used initially to pay the costs of the truth+, and then applied later to other products and services in the electronic truth,” said Devin Nunenis, CEO of Trump Media, CEO of Trump Media in a speech on April 29 to shareholders.
He added that the coding and wallet code will be part of the reward program that Trump explores the media through its services, which includes the social media platform.
Trump Media first referred to potential encryption payments last November when it submitted a trademark with the US Patent and brands patent office for computer programs designed to work as a digital portfolio, enable digital asset trading and process encryption payments on Truth.fi.
Truth+ was launched in October, where films and performances mainly target a political conservative audience.
Trump Media has signed a binding agreement with Crypto Excination Crypto.com and Yorkville American Digital to launch traded boxes on the stock exchange (ETFS) that will include encryption and stocks “with Made in America Focus” to launch on Truth.fi.
The company said in January that it plans to invest up to $ 250 million of its cash reserves in a set of financial products, including Bitcoin (BTC) and other codes of encrypted symbols or coding codes, which will be warned by asset manager Charles Schwab.
More capabilities for conflicts of interests
The launch of a symbol of the media in Trump will only increase the concerns of projects related to encryption for the president who is likely to contradict his duties. Trump, however, transfer His share of 59 % is confident last December.
Related to: The first 100 days in Trump’s “worst in history”, despite the encryption promises
Trump has also been criticized for supporting the Liberty Financial platform, as it was called the company’s chief encryption lawyer and withdraws part of its profits.
Some members of the Senate raised concerns that Trump’s influence on politics could benefit global freedom, which is owned by 60 % of the Trump family.
Trump also received a violent reaction to his controversial launch of Mimikoen, the official Trump (Trump), on January 18-just two days before the White House reinforced.
magazine: Trump’s encryption projects raise conflicts in interests, trading questions from the inside
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