21 Apr 2025

The White House has embraced cryptocurrency, but at what cost?

From Easter Monday, 11:10 am on 21 April 2025
WASHINGTON, DC - APRIL 02: U.S. President Donald Trump departs after signing executive orders imposing tariffs on imported goods during a “Make America Wealthy Again” trade announcement event in the Rose Garden at the White House on April 2, 2025 in Washington, DC. Touting the event as “Liberation Day”, Trump announced sweeping new tariffs targeting goods imported to the U.S. on countries including China, Japan and India.   Andrew Harnik/Getty Images/AFP (Photo by Andrew Harnik / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)

US President Donald Trump after a “Make America Wealthy Again” trade announcement event in the Rose Garden at the White House on 2 April 2025 in Washington, DC. Photo: Andrew Harnik / Getty Images / AFP

Since being re-elected, the US President's Administration has begun reshaping the murky and unregulated world of cryptocurrency.

Donald Trump has promised to make the United States the "crypto capital of the planet", has launched a meme coin, and signed executive orders - including one disbanding a Department of Justice team set up to investigate cryptocurrency crime.

Molly White runs website Web3 is Going Just Great where she aims to educate non-experts of the scams, dangers, and pitfalls cryptocurrency. She speaks to Paddy.