Trump, crypto
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The U.S. Senate is poised to vote on the Trump administration’s landmark stablecoin bill, predicted to "unleash" trillions of
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MiBolsilloColombia on MSNHow did Trump make $600 million? Crypto and golf played a big roleHow did Donald Trump earn $600 million? A mix of crypto, golf resorts, and brand licensing shaped his 2024 fortune.
Financial disclosures for 2024 filed by the president on Friday show that digital coins had already become one of his family’s most successful ventures.
The meme coin launched by the President-elect on January 18, just two days before his return to the White House, has lost more than half its value in less than five months.
US President Donald Trump pocketed more than $57 million from token sales by the crypto venture he and his sons helped launch last year, according to federal financial disclosure forms released by the White House.
"My administration is working with governors to pass the GENIUS Act supporting the creation of dollar-backed stablecoins, and we also will be working to create clear and simple market frameworks that will allow America to dominate the future of crypto and bitcoin," he told a filled room to scattered applause.
President Donald Trump earned over $10 million last year from various items and $57.3 million from a cryptocurrency platform.