Crypto leaders are aghast that President Trump is launching meme coins as he enters office, undermining their industry with cheap gimmicks.

The order signaled that the president intends to promote an industry that faced scrutiny during the Biden administration — and that he has a personal stake in.

President Donald Trump announced Thursday that his administration will evaluate whether to create a "national digital asset stockpile" — making good on a promise to support the use of cryptocurrencies ...