Since returning to the White House for his second term, President Trump has launched a series of crypto-friendly policies.
Published June 30, 2026
A new government report shows US President Donald Trump made millions of dollars in settlements with cryptocurrency and media companies last year, raising questions about possible conflicts of interest.
On Tuesday, the U.S. Office of Government Ethics released the annual financial disclosure forms of Trump and Vice President J.D. Vance.
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The 927-page document itemizes all of President Trump’s reported assets and income for 2025. That includes more than $1.4 billion from his family’s cryptocurrency ventures.
Trump received more than $500 million from World Liberty Financial, a cryptocurrency venture he co-founded with his sons. The President also reported another $635 million from the sale of the $TRUMP meme coin.
The report suggests that investments in digital assets now generate one of the largest portions of President Trump’s income, even surpassing the real estate empire he inherited from his father.
This revelation is likely to increase scrutiny of President Trump’s policies.
Since returning to the White House in January 2025, Trump has launched a series of crypto-friendly policies with the aim of making the United States the “crypto capital of the world.”
For example, at the beginning of his second term, the president announced that his government would create a National Strategic Cryptocurrency Reserve to ensure the stability of certain digital assets.
He also hosted the first-ever White House Cryptocurrency Summit.
The forum included several technology leaders who were the subject of investigations during former President Trump’s administration under Democrat Joe Biden.
But President Trump reversed those actions. For example, in February 2025, the Securities and Exchange Commission announced that it would drop charges against Coinbase, the largest US-based cryptocurrency exchange, after it was accused of acting as an unregistered broker.
Other digital currency companies were also suspected of fraudulent transactions.
President Trump has tied the shift away from government surveillance to his efforts to support new legislation, including the GENIUS Act.
The law, passed by Congress in July 2025, created a general regulatory framework that requires stablecoins, a type of virtual currency, to be backed 1:1 with the US dollar. Supporters said the law would help make cryptocurrencies more mainstream.
“The entire crypto community: For years, you have been ridiculed, dismissed, and ostracized,” President Trump said at the bill signing ceremony. “You were ruled out just a year and a half ago, but this contract is a big validation.”
However, President Trump’s increasingly close ties to the cryptocurrency industry have drawn criticism of possible corruption.
Last week, five Democratic senators, including Elizabeth Warren and Richard Blumenthal, called on their Republican colleagues to help force Trump administration officials to testify under oath about their crypto transactions.
They pointed to investments from the United Arab Emirates (UAE) in World Liberty Financial, a company the Trump family co-owns with the sons of government envoy Steve Witkoff.
These investments “raise the question of what more the UAE could receive, or has already received, after the Trump family’s investment in a cryptocurrency company, at the expense of U.S. national security,” they argued.
Five Democratic lawmakers called for an immediate hearing on the issue.
