Trump profits $1.2 billion from crypto while dismantling regulatory safeguards
Donald Trump profited $1.2 billion from cryptocurrency last year while normalizing the industry through regulatory rollbacks and policy changes, raising concerns about financial stability. Trump gutted SEC crypto-enforcement, ending lawsuits and investigations, and promoted legislation integrating stablecoins into the banking system. Uninsured stablecoin holdings now risk regular savings accounts as the largely unregulated crypto market expands.
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Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 18 Jul 2026, 10:00 UTC · Updated 18 Jul 2026, 10:10 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections