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Trump Dodges Question on Crypto Divestment

Trump sidestepped whether he would divest from his crypto ventures if that proved a sticking point for passing crypto legislation.
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Jun 27, 20251 min read

Trump voiced support for crypto's role in alleviating dollar pressure but avoided addressing whether he’d divest personal ventures to foster fair regulation.

What’s the Scoop?

  • Supportive Remarks: Trump stated he became interested in crypto years ago, highlighting Bitcoin's role in reducing pressure on the dollar.
  • Avoiding Divestment: Trump sidestepped questions about withdrawing from personal crypto ventures to avoid potential conflicts with regulatory agendas.
  • China Concern: Trump emphasized that if the U.S. fails to lead in crypto, dominance might shift to nations like China.

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