logo
welcome
Christian Science Monitor

Christian Science Monitor

Trump joins the crypto boom. Will he or Harris also regulate it?

Christian Science Monitor
Summary
Nutrition label

79% Informative

Lawmakers often struggle to keep pace with emerging technologies, and disagree about whether and how to regulate them.

But there’s a growing bipartisan will to place guardrails on cryptocurrency.

One version of cryptocurrency handles more money daily than the entire Visa credit card system.

On Monday , former President Donald Trump will announce the launch of his sons’ crypto project, known as World Liberty Financial .

Critics call the digital money a giant Ponzi scheme, which benefits no one except criminals.

While cryptocurrency is easy to define, it's hard to categorize, it’s hard to classify.

With market forces, not government, determining value, many people are piling into bitcoin and other cryptocurrencies with fluctuating values.

VR Score

81

Informative language

80

Neutral language

49

Article tone

semi-formal

Language

English

Language complexity

62

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links