Economist and commentator Peter Schiff on Friday sharply criticized President Donald Trump‘s recent executive order on digital assets, suggesting it is a thinly veiled attempt to “pay off donors” rather than a genuine effort to advance the crypto industry.
What Happened: Schiff, known for his skepticism towards cryptocurrencies, voiced his concerns on X, stating the order was “just an easy way to pay off donors.”
Schiff’s skepticism extends to the notion of a “strategic” national digital asset reserve, as proposed in the order.
He argued that the …
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