Trump’s Position: Supportive of Crypto, Unwilling to Step Aside
During a recent appearance, former President Donald Trump once again expressed strong support for the crypto industry but sidestepped a direct question about whether he would pause his personal crypto ventures for the next two years. The question is timely, as lawmakers in Washington are working to pass key crypto market structure and stablecoin bills—efforts that have faced resistance, particularly from Democrats concerned about Trump’s direct involvement in the sector.
Trump stated, “I became a fan of crypto and to me it’s an industry, and if we didn’t have it, China would or somebody else would, but most likely China.” He highlighted the increasing use of bitcoin for payments and suggested that crypto relieves pressure on the U.S. dollar, calling it “a great thing for our country”.
Legislative Context: Crypto Bills Face Political Roadblocks
Congress is debating several bills to clarify crypto regulation, including a new market structure bill and the “Stop Trading, Retention, and Unfair Market Payoffs in Crypto Act of 2025,” introduced by Rep. Maxine Waters and other Democrats. Trump’s ongoing involvement in crypto, including his support for the Official Trump memecoin and plans for a major bitcoin treasury at Trump Media and Technology Group, has added a layer of political complexity.
Family and Business Ties
Trump mentioned his children’s investments in crypto and emphasized his role in building the industry’s legitimacy in the U.S. He did not, however, commit to stepping away from personal crypto interests, despite calls to do so in order to smooth the path for new regulations.
Expert Opinion: Is Trump’s Stance Helping or Hurting Crypto Progress?
“Trump’s vocal support gives crypto legitimacy at the highest political level, which could help drive adoption and investment. However, his refusal to pause personal crypto ventures risks further politicizing the industry and could slow the passage of much-needed regulation. For investors and builders, this means ongoing uncertainty—progress is possible, but the path will remain bumpy until clear regulatory frameworks are in place.”
What’s your view? Should political leaders step back from personal crypto projects to speed up regulation, or does direct involvement help the industry? Share your thoughts in the comments below!
3 Comments
Trump only cares about lining his own pockets with crypto money. Disgraceful.
Honestly, Trump is the best president the United States has ever had. All this criticism is just shameful. People should respect what he’s done for the country instead of constantly trying to bring him down.
So Trump is into crypto now?!! Feels kinda shady if you ask me. How can we trust any new rules if he’s got money in it?!!