Trump family buys into crypto as regulators consider soft touch on the industry
Any doubts that the new administration will take a light touch to upcoming cryptocurrency regulation vanished with President Donald Trump’s launch of his own stablecoin and his family’s growing investments in crypto businesses.
Previously wary of the industry, Trump has embraced crypto and now wants to “make America the crypto capital of the world,” a campaign promise he reiterated in a March 6 executive order creating a U.S. strategic cryptocurrency reserve.
Cryptocurrency (crypto) is a digital asset that launched in 2009 with the release of bitcoin. Crypto has become wildly popular, even while highly risky and not backed by U.S. government guarantees. About 28 percent of adults in the United States owned crypto assets in 2024, up from 15 percent in 2021, according to a recent study by Security.org. The crypto market was worth about $2.74 trillion as of April 2, 2025, according to TradingView.com.
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