Trump family expands crypto ventures with projects spanning mining to stablecoins
The post Trump family expands crypto ventures with projects spanning mining to stablecoins appeared on BitcoinEthereumNews.com.
The Trump family, long synonymous with real estate, branding, and political power, has now set its sights on the world of cryptocurrency. For years, Donald Trump and his family have leveraged their name for business ventures that cross industries, from hotels to golf courses to licensing deals with everything from apparel to bottled water. The Trump family has entered the digital currencies and blockchain world U.S. President Donald Trump, his wife, Melania, and their children are now deeply involved in almost every aspect of the crypto world. They are interested in NFTs, meme coins, Bitcoin mining, stablecoins, and decentralized finance platforms. But what does this Trump family expansion portend for the future of crypto, the Trump legacy, and the fine balance between government and the fast-moving digital economy? The Trump family crypto portfolio is already worth an estimated $1 billion, according to a Bloomberg analysis based on data from public records. Such gains come despite recent volatility driven by global market strains and U.S. trade tensions. Remember, Donald Trump once called Bitcoin a threat to the U.S. dollar. In 2021, he argued digital assets should be “heavily regulated.” Fast-forward to his 2024 campaign trail, and suddenly, he’s accepting crypto donations, praising blockchain innovation, and laying the groundwork for pro-crypto executive orders. Is this a genuine change of heart? Or is it a calculated play to align with an industry pouring billions into campaign coffers and political influence? Let’s say, either way, it’s a pivot that speaks volumes about the current administration’s attitude toward regulation — or rather, its lack of a clear regulatory approach. Trump and his family appeared determined to establish a large footprint in the crypto sector ahead of new regulations hitting the market, said Eswar Prasad, a trade policy professor at Cornell University who has studied the…
Filed under: News - @ April 13, 2025 9:07 am