Trump Punts on Crypto Divestment, Says If US Didn't Have Bitcoin 'China Would'
Summary
President Donald Trump avoided committing to divesting from his personal crypto ventures, asserting his role in establishing a flourishing American crypto industry. He claimed that without his leadership, China would have dominated the sector. Despite concerns from Democrats about potential conflicts of interest affecting crypto legislation, Trump emphasized his prior interest in crypto and Bitcoin before his 2023 re-election campaign. He downplayed accusations of conflict, highlighting his children's investments and his belief in the importance of the industry he helped build.
