President Donald Trump's media empire is expanding to financial services and can buy soon Bitcoin And other cryptocurrencies.

Trump's media and technology group, which runs the Trump social media platform, announced on Wednesday that it will launch financial services and FinTch arm called Truth.fi.

As part of the diversification strategy, you may buy the truth.

It should be noted that the bank does not allow its ordinary customers with this type of indulgence.

Charles Schwab customers can distort the products circulating in encryption exchange, investment funds circulating audio funds, joint investment funds, bitcoin contracts and future contracts-but "can currently not buy or sell individual encrypted currencies," Conditions.

At the time of writing this report, Bitcoin price 1.6 % decreased and only decreased to less than 102,000 dollars, according to Coingecko data. BTC 2.5 % has lost since the same time last week.

"The development of the first American investment vehicles is another step towards our goal of establishing a strong ecosystem through which American patriots can protect themselves from the current threat of cancellation, control, Dibaning and the privacy of the violations committed Big Tech and companies woke up.

President Trump Carried To help the encryption industry and organize oblique pieces, claiming bitcoin in a strategic reserve.

Before he opened as a president, his team Absolute A SolanaMimi is now dependent on one of the largest cryptocurrencies by maximum market.

But last week, the militant Bitcoiners spoiled the president The first executive order for encryption. This is because he mentioned the possibility of an encrypted stock, but with "digital assets" in general and not only Bitcoin.

Trump's media arm focuses on focusing on ending "Big Tech's attack on freedom of expression by opening the Internet and returning their voices," according to its website.

Edit Stacy Elliot.