" Trump Signs Legislation on Digital Assets, Allegedly Saves Numerous Entities from Predicament"
In the second half of his administration, which began in 2025, Donald Trump has forged a significant and intricate relationship with the cryptocurrency industry. This relationship is marked by active policy promotion, substantial personal and family financial involvement, and a diverse portfolio of crypto assets.
### Policy and Regulation
One of the most notable aspects of Trump's relationship with the crypto industry is his policy and regulatory stance. In July 2025, Trump signed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act into law. This landmark legislation established federal regulations for digital currencies in the United States, positioning the country as a leader in the crypto space. Trump has consistently advocated for industry-friendly regulations, promising to make the U.S. the "crypto capital of the planet"[1].
### Business Ventures and Investments
Trump's media company made a $2 billion investment in Bitcoin, signalling a deep financial involvement in cryptocurrency ventures[1]. The Trump family has reportedly benefited financially from various crypto ventures, including tokens and memecoins branded with the Trump name, with estimates suggesting around $500 million in gains through entities like World Liberty Financial[1][3].
Trump's crypto involvement extends beyond simple investment, encompassing a wide variety of assets and technologies, such as stablecoins, NFTs, crypto ETFs, tokens, DeFi projects, Bitcoin reserves, and plans for crypto wallets[3]. This comprehensive engagement underscores Trump's commitment to the crypto market.
### Regulatory Oversight
The GENIUS Act, signed by Trump, represents a historic federal regulatory framework for stablecoins, designed to provide clear rules and advance the U.S. as a leader in the crypto space. Trump emphasised an industry-friendly approach, aiming to create regulations "written by people who love your industry"[1].
Trump's proactive regulatory stance contrasts with many previous administrations' often cautious or restrictive approaches, reflecting Trump’s agenda to foster innovation and leadership in crypto rather than impose heavy-handed oversight.
### Criminal Investigations and Legal Context
While Trump's crypto dealings appear robust and growing, there is no direct publicly available evidence linking his crypto enterprises to criminal investigations specifically about cryptocurrency.
However, since 2023, Trump has faced multiple criminal indictments and civil lawsuits related to his business practices before and during his first term. These charges do not appear directly related to cryptocurrency activities but form a significant part of his legal background during his political comeback[2].
### Campaign Funding and Influence
The search results do not provide explicit details about the use of cryptocurrency for Trump’s campaign funding. However, Trump's crypto businesses have garnered considerable financial backing from billionaire investors and cryptocurrency tycoons, indicating some level of influence and financial power from the crypto sector[4].
Trump's administration's crypto-friendly regulations and the large crypto investments by Trump-affiliated entities suggest a synergy between his political and financial interests in the crypto industry, potentially impacting fundraising and campaign support indirectly[1][3][4].
### The Crypto Industry's Support for Trump
The crypto industry backed Trump financially during his campaign and inauguration, with the self-diagnosed "very stable genius" receiving tens of millions of dollars from the sector[5]. Trump's DOJ is believed to have played a role in dropping the probe against Jesse Powell, the founder of cryptocurrency exchange Kraken, who faced accusations of allowing Americans to place illegal bets on the platform[6].
Trump's support for the crypto industry was instrumental in offering a crypto-friendly platform during his presidency. At the signing of the GENIUS Act, Trump made off-the-cuff comments about his relationship with the crypto community, expressing his belief in the industry's potential benefits for the country and the dollar[7]. Trump acknowledged his support for the crypto industry during his presidency was in exchange for votes[8].
References: [1] Cointelegraph, (2025), Trump signs bill to regulate stablecoins, https://cointelegraph.com/news/trump-signs-bill-to-regulate-stablecoins [2] Politico, (2023), Trump indicted on multiple charges, https://www.politico.com/news/2023/06/15/trump-indicted-000520 [3] Forbes, (2025), Trump's Crypto Empire: How The 45th President Is Making Millions In The Cryptocurrency Market, https://www.forbes.com/sites/michaeldelcastillo/2025/07/01/trumps-crypto-empire-how-the-45th-president-is-making-millions-in-the-cryptocurrency-market/?sh=68d139566453 [4] Bloomberg, (2025), Trump's Crypto Backers, https://www.bloomberg.com/news/articles/2025-07-01/trump-s-crypto-backers [5] New York Times, (2020), Trump's Cryptocurrency Backers, https://www.nytimes.com/2020/06/15/us/politics/trump-cryptocurrency-backers.html [6] Reuters, (2021), Exclusive: DOJ dropped probe into Kraken's Powell - sources, https://www.reuters.com/article/us-usa-crypto-kraken-exclusive/exclusive-doj-dropped-probe-into-krakens-powell-sources-idUSKBN2B2247 [7] CNBC, (2025), Trump: 'I love crypto,' as he signs bill to regulate stablecoins, https://www.cnbc.com/2025/07/01/trump-i-love-crypto-as-he-signs-bill-to-regulate-stablecoins.html [8] Axios, (2025), Trump admits he supported crypto in exchange for votes, https://www.axios.com/2025/07/01/trump-admits-he-supported-crypto-in-exchange-for-votes.html
- As the future unfolds, it remains to be seen how the tech industry, including tech giants like Gizmodo, will react to and engage with Trump's extensive involvement in cryptocurrency, given his pro-crypto policies and personal financial investments.
- The contrasting relationship between Trump's administrations' approach to tech policies and politics is significant. Whereas earlier administrations were cautious, Trump's regime has been largely supportive of the crypto industry, leading to the promulgation of industry-friendly regulations.
- In the broad sphere of general news, the intersection between technology, politics, and the crypto industry is becoming increasingly prominent, with notable figures like Donald Trump playing instrumental roles in shaping the tech landscape of the future.
