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Trump reports 1.4B crypto earnings
Financial disclosures for former U.S. President Donald Trump revealed that he earned at least $1.4 billion from his cryptocurrency-related projects over the past year, surpassing the profits of any listed American digital asset company, according to Bloomberg. The income from cryptocurrencies includes approximately $594 million from World Liberty Financial, $636 million from Trump-branded meme coins, and $197 million from the sale of a stake in Stablecoin Holdco. This comes at a time when the Trump administration has intensified its support for the digital currency industry, enacting regulatory laws and shifting towards a self-regulatory and lighter oversight approach for the market, despite the market downturn and declining investor appetite.
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