A few days before his inauguration, Team Trump introduced its own cryptocurrency, a memecoin with no real financial function. Yet a remarkable amount of money flowed into the currency, especially from investors in the United Arab Emirates, with which Trump earned hundreds of millions of euros. In WNL on Sunday, correspondent Michiel Vos explains that this is still seen as corruption by some American media, but that many citizens accept it as long as the economy is running and the borders remain closed. Vos also notes that Trump seems less inclined to do business with Europe.
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