In brief
- President Trump was asked by Decrypt whether he would consider divesting from personal crypto projects to help crypto legislation get passed.
- He made no commitments on the matter, saying that he was involved in crypto before deciding to run for president again.
- Trump has faced criticism over potential conflicts of interest related to his various crypto business endeavors.
President Donald Trump dodged a question about his willingness to divest from his personal crypto ventures Friday, maintaining that he was interested in crypto before deciding to run again for president—and arguing that he built a crypto industry in America that China would have seized upon if not for his leadership.
Asked by Decrypt whether he would be open to “pulling away from” his “personal crypto ventures” while in office, in the interest of getting crypto legislation passed speedily in coming months, the president deflected. Trump asserted that without him, the American crypto industry as a whole would not currently be flourishing.
“I don’t care about… I have my kids, and they invest in different things. They do believe in it,” Trump said. “But I’m president, and what I did do there is build an industry that’s very important. And you know, if we didn’t have it, China would.”
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Author: Sander Lutz
Tip BTC Newswire with Cryptocurrency