He made the comments during a White House press conference on June 27, which was held after what he described as a major Supreme Court victory for his administration.
Trump called cryptocurrency “an industry” and said he became a “fan of crypto” several years ago. He noted that Bitcoin and other tokens fell less than equities during the most recent market decline and claimed the US has “created a very powerful industry” that now produces jobs and investment.
He added that more merchants now accept Bitcoin for payments and repeated his view that if the US did not nurture digital assets, “China would.”
A reporter asked whether Trump would pause his family’s cryptocurrency ventures so that undecided Democrats might support pending digital asset legislation.
Trump declined, stating that his sons manage the portfolio and that he “doesn’t care about investing” while in office. He said that US dominance of the sector matters more than personal finance and insisted that his involvement did not hinder congressional negotiations.
Democratic sponsors have urged Trump to divest to help the measures advance but the president said statutory debates should proceed on their own merits. As a result, a delay in approving the GENIUS Act happened, which only recently left the Senate to progress in the House.
