{"id":50508,"date":"2026-07-01T09:03:53","date_gmt":"2026-07-01T03:18:53","guid":{"rendered":"https:\/\/nepalsamaj.com\/en\/?p=50508"},"modified":"2026-07-01T09:03:53","modified_gmt":"2026-07-01T03:18:53","slug":"trump-made-more-than-1bn-from-crypto-in-first-year-back-in-office","status":"publish","type":"post","link":"https:\/\/nepalsamaj.com\/en\/trump-made-more-than-1bn-from-crypto-in-first-year-back-in-office\/","title":{"rendered":"Trump made more than $1bn from crypto in first year back in office"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div><p>BBC:\u00a0US President Donald Trump made more than $1bn (\u00a3750m) last year from business dealings in cryptocurrency, according to his mandatory financial report for 2025.<\/p>\n<p>In a 927-page disclosure, he reported $635m in royalties from a Trump meme coin that has plunged in value since he launched it days before taking office.<\/p>\n<p>He also reported over $500m in income from World Liberty Financial, a cryptocurrency firm founded by his own sons and the children of his special envoy, Steve Witkoff.<\/p>\n<p>He earned millions more from real estate and Trump-themed items. But the White House denied he was profiting from the presidency.<\/p>\n<p>The earnings from his latest financial disclosure far outpace the previous ones for 2024, when Trump disclosed over $600m in income.<\/p>\n<p>But the White House, which has repeatedly emphasised that Trump has placed his business in a trust managed by his sons, again denied any conflict of interest.<\/p>\n<p>White House deputy press secretary Anna Kelly said the president had proudly made the US &#8220;the crypto capital of the world&#8221;.<\/p>\n<p>&#8220;Neither the President nor his family has ever engaged &#8211; or will ever engage &#8211; in conflicts of interest,&#8221; she said in a statement.<\/p>\n<p>She added: &#8220;All actions by President Trump and his administration are taken in the best interest of the American people \u2013 and any so-called &#8216;reporters&#8217; pushing otherwise are recycling the same, tired, false narrative that Democrats and the legacy media have been pushing for a decade.&#8221;<\/p>\n<p>The president himself has also highlighted that he is not subject to federal conflict of interest laws.<\/p>\n<p>Trump once criticised cryptocurrency, famously calling Bitcoin a &#8220;scam&#8221; and a &#8220;disaster waiting to happen&#8221;.<\/p>\n<p>But Tuesday&#8217;s disclosure shows his crypto earnings far overshadow income from his real estate business, which first catapulted him to fame.<\/p>\n<p>He earned around $77m from his Mar-a-Lago club and $122m from his golf club in Doral, Florida.<\/p>\n<p>He also earned more than $30m each from golf clubs in Bedminster, New Jersey, and Jupiter, Florida, and Turnberry, Scotland.<\/p>\n<p>Trump also earned millions from other business ventures, according to the financial disclosure.<\/p>\n<p>These included $4.7m in royalties from Trump-branded watches, along with Trump-branded Bibles, trainers, fragrances and guitars.<\/p>\n<p>First Lady Melania Trump also listed her income from 2025 in the disclosure. She made $10.7m from a &#8220;license agreement&#8221; related to the documentary about her that was released last year.<\/p>\n<p>Another $6m in income is listed for her from the sale of NFTs, which are digital images sold online.<\/p>\n<p>The president listed millions of dollars, too, in settlements from various legal actions.<\/p>\n<p>These included $16m from a lawsuit against ABC, $16m from CBS Broadcasting and CBS Interactive, $24.5m from Meta, $22m from YouTube and $8m from X.<\/p>\n<p>But the White House has said most of that money went towards Trump&#8217;s future presidential library or a nonprofit dedicated to the upkeep of park sites in the Washington DC area.<\/p>\n<p>According to a list of the world&#8217;s richest people compiled by Forbes magazine, Trump has an estimated fortune of $6bn &#8211; up from $2.3bn in 2024. Bloomberg&#8217;s Billionaire&#8217;s Index puts the president&#8217;s net worth at $7.6bn.<\/p>\n<p>After his return to the White House, Trump adopted a friendly approach to the crypto industry, even as companies linked to his family issued digital tokens.<\/p>\n<p>The Trump-appointed head of financial regulator, the Securities and Exchange Commission, is also seen as an ally of the crypto industry.<\/p>\n<p>Since taking office in April 2025, Paul Atkins has shifted the agency away from the strict, regulation-by-enforcement approach of his predecessor.<\/p>\n<p>Last July, the president signed the GENIUS Act into law, to make &#8220;make America the undisputed leader in digital assets&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BBC:\u00a0US President Donald Trump made more than $1bn (\u00a3750m) last year from business dealings in cryptocurrency, according to his mandatory financial report for 2025. In a 927-page disclosure, he reported $635m in royalties from a Trump meme coin that has plunged in value since he launched it days before taking office. He also reported over [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":49386,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-50508","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world"],"_links":{"self":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts\/50508"}],"collection":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/comments?post=50508"}],"version-history":[{"count":2,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts\/50508\/revisions"}],"predecessor-version":[{"id":50510,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts\/50508\/revisions\/50510"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/media\/49386"}],"wp:attachment":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/media?parent=50508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/categories?post=50508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/tags?post=50508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}