U.S. President Donald Trump's launch of a crypto token shortly before his inauguration on Monday creates new conflict-of-interest concerns, ethics experts and industry insiders said.

Just hours after he delivered an impassioned benediction at President Donald Trump’s inauguration, Reverend Lorenzo Sewell announced the launch of his own crypto token dubbed $L

Awaiting Trump’s return to office, the cryptocurrency industry was thrilled by the president’s promises to provide clear-cut regulatory guidelines that would help the sector grow while easing the volatility it’s become notorious for.