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Trump’s Crypto Connections Remain Radioactive Among Democrats—Even With Alleged Industry Allies

Trump’s Crypto Connections Remain Radioactive Among Democrats—Even With Alleged Industry Allies

Author:
CoindeskEN
Published:
2025-06-23 16:58:54
5
1

Trump's Crypto Ties Still Toxic With Some Dems, Including One Seen as Industry Ally

Politics makes strange bedfellows—except when it comes to crypto and Trump.

Despite the growing institutional embrace of digital assets, former President Donald Trump's cryptocurrency ties continue to trigger Democratic backlash. Even lawmakers considered industry-friendly are keeping their distance.

The great crypto-political divide

What was once a bipartisan fintech frontier now looks like another casualty of America's culture wars. Democrats who'll gladly take Silicon Valley money still flinch at blockchain associations with the MAGA crowd.

Wall Street's latest hypocrisy

Meanwhile, the same finance giants that spent decades lobbying against crypto now race to offer Bitcoin ETFs—just don't expect them to admit they were wrong. Some principles are negotiable when there's 2% management fees on the table.

|Square

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