By AJ Dellinger
Congress’s big “Crypto Week” might have faded into the background a bit due to cryptic messages Donald Trump left in a birthday note to Jeffrey Epstein, but Republicans in the House and Senate did, in fact, manage to pass a couple of laws that will establish loose, industry-friendly regulations for cryptocurrency. Which means it is a perfect time to be reminded that the Trump administration is packed with people who stand to benefit from cryptocurrency being mainstreamed.
Trump himself, of course, stands to benefit because of his holdings in the $TRUMP memecoin and his kids’ crypto project World Liberty Financial—which just happened to have recently launched a stablecoin, right before Congress passed the GENIUS Act to regulate and legitimize that exact type of asset. But, according to the Washington Post, Trump packed the cabinet with crypto aficionados. About one in every five nominees put up for a position in the Trump administration either holds cryptocurrency or invested in a cryptocurrency company, the report found.
Per the Post, Trump has the biggest stake in crypto, worth at least $51 million. His partner on the ticket, JD Vance, also got his beak wet. He reported holding between $250,001 and $500,000 in Bitcoin in his 2024 financial disclosure.
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