INSUBCONTINENT EXCLUSIVE:
Democrats have said that they are not going to support crypto bills in Congress only because of you and your family's personal crypto
ventures," a reporter said to Trump during press briefing at the White House on Friday.Asked whether he would consider divesting from his
crypto ventures to ease political pressure on digital asset bills on Congress, Trump responded:"I became a fan of crypto, and to me, it's an
I view it as an industry and I am president
And if we did not have it, China would, or somebody else would, but most likely China would love to, and we have dominated that industry.We
have created a very powerful industry, and that is much more important than anything that we invest in," Trump said.US President Donald
Source: The White HouseThe growing concern among lawmakers over Trump's crypto ties and the potential conflict of interests threaten to
derail efforts to establish comprehensive regulations for the industry, a policy objective that has gradually gained bipartisan support
since 2024.Related: Ex-US top regulator warns of conflicts of interest as Senate weighs market structureThe Senate passed the GENIUS
Stablecoin bill in a 68-30 vote on June 17, without proposed amendments from Democratic lawmakers seeking to limit a US president's
The bill would prohibit the president, his family and officials in the executive branch from issuing or endorsing any digital asset."Donald
Trump and other senior administration officials have made a fortune off of crypto schemes
