US President Trump's crypto ties may have helped legitimize the asset class to hesitant investors, but they also raise ethical concerns and slow down regulation, Axios crypto reporter Brady Dale tells Madison Mills and Brad Smith on Morning Brief.

What makes the news so notable is that Trump Media will use the cash to buy cryptocurrency, creating a “bitcoin Treasury” which will serve to further advance the president’s already deep financial interest in the crypto space.

Crypto has long thrived in the gray zone between innovation and oversight. As U.S. policymakers push for structure, the industry has a chance to unlock global relevance.