Trump's Crypto Profits Spark 63% Disapproval Amid Policy Delays
A recent Reuters/Ipsos poll has revealed widespread disapproval among Americans of President Donald Trump's $1.4 billion in crypto profits, with 63% viewing it as inappropriate.
The earnings come from a family project called World Liberty Financial alongside a self-branded token. The White House rejects claims of conflict, stating that independent managers handle all investments.
However, the mixing of presidential power with personal token projects has no historical parallel.
The poll also found that 69% of people believe Trump's personal business interests shape his policy choices in office.
This has led to concerns about the impact on market-leading digital assets like Bitcoin, Ethereum, and XRP. Policy delays due to Congressional debates over ethics rules are weighing on the general market mood.