Trump defends $1.2bn crypto earnings, says everyone profiting under his presidency

US President Donald Trump defended earning around $1.2 billion from his family’s cryptocurrency activities in 2025, saying everybody is profiting from his time in office. Financial disclosures show he received nearly $550 million from his ties to the startup World Liberty Financial and $635 million in royalties linked to the $TRUMP token launched just before his January 2025 inauguration. Forbes attributes the near‑tripling of his net worth—from $2.3 billion to $6.5 billion between 2024 and 2026—to these crypto ventures, noting that his deregulatory moves have boosted asset prices. The White House said he has proudly made the United States the “crypto capital of the world.”

For Nigerians, this matters because Trump’s pro‑crypto stance can influence global cryptocurrency prices and regulatory trends, directly affecting the volatile market many Nigerians use for remittances, savings, and speculative trading. A stronger US‑crypto ecosystem may drive up prices of Bitcoin and altcoins, increasing the value of holdings but also raising risks of sudden reversals if policy shifts.

If you hold or trade cryptocurrencies, watch for any further US regulatory announcements under Trump’s administration, consider diversifying your portfolio, and avoid over‑leveraging positions based on policy‑driven rallies. Staying informed through reliable crypto news sources will help you decide whether to hold, sell, or adjust your exposure as the US policy environment evolves.

SOURCE: https://www.channelstv.com/2026/07/01/trump-defends-earning-more-than-1bn-on-crypto/