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Crypto

President Trump pushes new crypto rules amid scrutiny over his own financial interests

A new poll highlights concerns over President Trump's cryptocurrency earnings as his administration pushes regulations for the industry, raising ethical and legal questions.

WESH

Publisher

Aug 20, 2026 at 1:16 PM UTC · 2 Min. Lesezeit

President Trump pushes new crypto rules amid scrutiny over his own financial interests
Image via WESH
Übersetzung…

President Trump pushes new crypto rules amid scrutiny over his own financial interests

A new poll highlights concerns over President Trump's cryptocurrency earnings as his administration pushes regulations for the industry, raising ethical and legal questions.

WASHINGTON —

President Trump hosted cryptocurrency and prediction market executives at the White House Wednesday as his administration works to establish regulations for the fast-growing industry, amid scrutiny over his family's significant financial gains in the sector.

A Reuters/Ipsos poll released today found that nearly two-thirds of Americans believe it is inappropriate for Trump and his family to profit from cryptocurrency while he is in office, including 3 in 10 Republicans.

Inside the White House, Trump addressed the importance of creating clear rules for the industry.

"That's why we're focused on creating a clear regulatory framework for pioneers and builders like the people that are with me here," Trump said.

White House disclosure forms show that last year, Trump earned nearly $1.5 billion from cryptocurrency investments. His holdings include $800 million from World Liberty Financial and $635 million from Trump Meme Coin. Just five days ago, a federal regulator conditionally approved World Liberty Financial to open a national trust bank.

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