Nearly every platform listed Trump coin pretty quickly.

And this is one of the ways that this is a big conflict of interest.

Because the Securities and Exchange Commission is current, that's like the big financial regulator in the U.S.

They're currently coming up with new rules for the crypto markets.

And the crypto industry has said the rules are unclear, we want new rules.

Now, the new rules that they came up with could very easily have

placed some restrictions on this kind of gambling. Now, do you think that the new SEC chairman

will create rules that will make Trump coin illegal? Like, definitely not.

Hello and welcome to Wise.

This is happening with me, your host, Chris Hayes.

Well, lots of things are changing.

We have a new president.

There's lots of things that the president wants to do differently than the last president.

And there's lots of areas of contrast and kind of 180s.

And one of them, which I am particularly obsessed with, and I think we all should be, is cryptocurrency.

Years ago, Donald Trump was like, I don't like crypto.

Crypto's bad.

And he shun crypto. And then what happened was out on the campaign trail, I think that he found that a lot of

people super into crypto were very adjacent into Trump amenable cultural circles, I think would be the way

to say it. And embraced crypto, started going to crypto events, told the crypto people like, I will be the crypto president.

And then also started doing some crypto stuff, like selling things in the crypto space, which I think is probably what persuaded him that crypto was awesome.

And then the day before or two days before he came president, he launched a Donald Trump like meme coin that the headline said that he'd made $28 billion.

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