COINDESK DAILY: Trump Invites Bukele to White House, Pardons Arthur Hayes

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4.8 • 689 Ratings

🗓️ 31 March 2025

⏱️ 3 minutes

🔗️ Recording | iTunes | RSS

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Summary

Host Christine Lee breaks down the latest news in the crypto industry after U.S. President Donald Trump invites El Salvador's President Nayib Bukele to the White House.

U.S. President Donald Trump invites El Salvador's President Nayib Bukele to the White House, pardons former BitMEX CEO Arthur Hayes and other BitMEX executives, and the Trump family invests in American Bitcoin, a mining company controlled by Hut 8. CoinDesk's Christine Lee hosts "CoinDesk Daily."

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This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee and edited by Victor Chen.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0	The Trump family is on a tear, launching a Bitcoin mining company, inviting Buckele to the White House, and pardoning Arthur Hayes.
0:08.8	It's Monday, March 31st, 2025. I'm Christine Lee. This is CoinDust Daily.
0:18.5	The Trump family is deepening its involvement in cryptocurrency with a major move into Bitcoin mining. The Trump family is deepening its involvement in cryptocurrency with a major move into Bitcoin mining.
0:24.5	The Wall Street Journal reporting that Eric Trump and Donald Trump Jr. are merging their firm,
0:29.7	American data centers with a new mining venture called American Bitcoin, taking a 20% stake in the company.
0:36.4	The remaining 80% will be owned by Hutte, a publicly
0:39.4	traded crypto infrastructure firm, which is contributing nearly 61,000 mining machines to the new
0:45.2	entity and hosting operations at its 11 U.S. data centers. Eric Trump, who will serve as American
0:50.9	Bitcoin's chief strategy officer, describes the initiative as aligned with the family's
0:56.0	focus on hard assets, linking digital currencies to real estate. He emphasized plans to build
1:02.2	Bitcoin Reserve and potentially take the company public. The venture deepens the Trump's
1:07.0	crypto footprint alongside projects like World Liberty Financial, mean coins, and a planned
1:12.4	stable coin. Friends, Defi is having a moment. Uniswap Labs web app and wallet connect you to the
1:19.3	excitement. Swapping and bridging our simple, low cost, and lightning fast across 13 chains,
1:24.6	including base, Arbitrum and Un unit chain, the new layer 2 network designed
1:28.6	for defy. Thanks to deep liquidity on uniswap protocols, you get minimal price impact on every trade,
1:34.7	now with even greater efficiency through Uniswop v4. Swap, send, on-ramp, off-ramp, and bridge into a
1:41.3	bright future. Get started at uniswop.org.
1:44.5	Meanwhile, U.S. President Donald Trump is reportedly hosting El Salvador and president Naim Buckele
1:49.7	at the White House in April. The Bitcoin community is buzzing with the possibility the two
1:54.7	will deepen their bromance over their mutual love for Bitcoin. In 2021, Buckele led El Salvador
2:00.4	to make Bitcoin legal tender and establish
	...

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