Trump provides a thorough-washed answer when asked about divesting from crypto

U.S. President Donald Trump did not answer a reporter’s question if he would be destroyed from his family’s adventures to ensure the passage of basic cryptocurrency law, saying that if the US had no crypto, China or other countries.

“Many Democrats said they would not support crypto bills in Congress just because of you and your family’s personal adventure,” a reporter told Trump during a press briefing at the White House on Friday.

Asked if he would consider daniving His Crypto adventures To be easy Political pressure on digital asset bills In Congress, Trump responded:

“I became a fan of crypto, and to me, it was an industry. I look at it as an industry and I’m president. And without us, China, or other people, will do it, but China will probably like it, and we are leading that industry.

We create a very powerful industry, and it’s more important than anything we invest, “Trump said.

The growing Remembering the lawmakers Over Trump’s crypto ties and the potential conflict of interests threatened to reduce efforts to promote comprehensive regulations for the industry, a policy goal that has gradually gained support to Bipartisan since 2024.

Related: Ex-US top regulator warns of conflicts of interest as the Senate weighs market structure

Democratic legislators have moved to meet the conflict of interest concerns

The Senate Henyo Stablecoin Bill passed In a vote of 68-30 on June 17, without suggested amendments from democratic lawmakers aimed at limiting the involvement of a US president in the crypto industry.

California Senator Adam Schiff introduced the curbing officials’ Income and Nondisclosure (COIN) Act on Monday. The bill is The President is prohibitedhis family and officers at the executive branch from the release or endorsement of any digital asset.