Editor's PiCK
"Senior officials in the Trump administration are investing in virtual assets"
Summary
- It has been reported that President Trump and senior administration officials possess a significant amount of virtual assets.
- Key figures such as Vice President J.D. Vance and Secretary of Health and Human Services Robert F. Kennedy are said to be investing in Bitcoin and related funds.
- Last year, President Trump earned over $53 million in virtual asset-related income and is urging the swift passage of the GENIUS Act.
It has become known that President Trump of the United States and senior administration officials possess a significant amount of virtual assets (cryptocurrencies).
On the 20th (local time), the crypto-specialized media outlet Cryptopolitan reported, "Officials in the Trump administration are also investing in virtual assets. Vice President J.D. Vance holds Bitcoin valued between $250,000 and $500,000, and Secretary of Health and Human Services Robert F. Kennedy owns Bitcoin worth between $1 million and $5 million."
The media added, "In addition, Secretary of Transportation Sean Duffy, Administrator of the Centers for Medicare & Medicaid Services Mehmet Oz, and Deputy Attorney General Todd Blanche are also investing in Bitcoin (BTC) and related funds."
Furthermore, President Trump himself reportedly earned over $53 million in virtual asset-related income last year through World Liberty Financial. Trump is currently urging the swift passage of the GENIUS Act, the first federal-level stablecoin regulation bill, in the House of Representatives.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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