The announcement represents another chapter in the unprecedented blurring of lines between Trump's personal business interests and his executive authority.

Alongside the mobile business, President Trump has also launched his own meme cryptocurrency, while sons Eric and Donald operate their own data center cryptomining venture, ' American Bitcoin .' As president, Trump has created a strategic crypto reserve, pardoned crypto-related individuals, and relaxed enforcement of the sector.

Trump’s sons, Eric Trump and Donald Trump Jr., unveiled the service, dubbed T1 Mobile, Monday at Trump Tower in New York on the 10-year anniversary of their father’s announcement that he would run in the 2016 presidential election.