declared income of more than $1 billion linked to cryptocurrency-related businesses during the last year, according to the annual financial report that the president of the United States has presented to the Office of Government Ethics.
The documentation, disclosed by American media, reveals that a significant part of this income comes from projects such as World Liberty Financial, an initiative associated with its family environment, as well as from operations related to the digital token “$TRUMP“, which alone would have generated hundreds of millions of dollars.
The report is part of the transparency obligations required of senior officials of the US Executive. However, The data appears reflected in estimated ranges and not through exact quantitiesso different media have had to carry out calculations to estimate the total volume of profits obtained through digital assets.
The figures also show a significant change in the composition of the assets of Trump. Traditionally linked to the real estate sector, hotels and business licenses, the president has notably increased the weight of cryptocurrencies and other digital assets within his sources of income.
A debate reopens
The revelations have reopened the political debate on possible conflicts of interest that could arise between his private business activities and the responsibilities inherent to the presidency of the United States, especially at a time when the cryptocurrency market is experiencing an expansion phase and seeking more favorable regulation in the country.
The information is also known in a context in which the digital asset industry has gained influence in Washington and has become one of the most active sectors when it comes to lobbying for regulatory changes in the world’s largest economy.
