Trump reports more than $600 million in income from crypto, golf, licensing fees

Donald Trump reported more than $600 million in income from crypto, golf clubs, licensing and other ventures in a public financial disclosure report.

Donald Trump's Crypto Wealth Disclosed

In a recent public financial disclosure report, former U.S. President Donald Trump reported more than $600 million in income from various ventures, including cryptocurrencies, golf clubs, licensing deals, and other business interests [1]. This disclosure comes amidst a series of remarks made by Trump on his crypto-friendly regulatory agenda and his plans to make America the "crypto capital" of the world.

Crypto-Friendly Regulation and the GENIUS Act

Trump's remarks, delivered at the Coinbase 2025 State of Crypto Summit, highlighted his administration's efforts to promote crypto-friendly regulation. He criticized the Biden administration's stance on digital assets and emphasized his administration's initiatives, such as ending Operation Chokepoint 2.0 and creating the U.S. Strategic Bitcoin Reserve and Digital Asset Stockpile [1]. Notably, Trump's administration is working with Congress to pass the GENIUS Act, which focuses on the creation of dollar-backed stablecoins [1].

The GENIUS Act is set for a final vote in the Senate on June 17. If approved, it will proceed to the House of Representatives for further consideration. Critics have raised concerns about the potential corruption associated with the act, given the recent launch of USD1 stablecoin by World Liberty Financial, a Trump-affiliated company [1]. Despite these criticisms, Trump has denied profiting from his crypto ventures, although a report from Forbes indicates he has amassed $1 billion from his crypto investments [1].

G7 Summit: Trade and Security on the Agenda

As the G7 leaders gather in the Canadian Rockies this weekend, the summit will be marked by a mix of trade and security issues. The group, including Ukraine's Volodymyr Zelenskiy, Narendra Modi from India, and Mexico's Claudia Sheinbaum, will discuss trade, security, and geopolitical tensions [2]. Key leaders, such as Donald Trump and Mark Carney, will have specific objectives and concerns.

Trump's primary focus will be on driving home his "America First" message and negotiating bilateral trade deals. Meanwhile, Mark Carney, the new Canadian Prime Minister, aims to establish himself as a serious player among global leaders and build stronger alliances to reduce Canada's dependence on the U.S. [2]. The summit's potential flashpoints include trade disputes, the war in Ukraine, and Iran's nuclear sites.

Conclusion

The intersection of Trump's crypto wealth and his administration's regulatory agenda, alongside the G7 Summit, highlights the complex interplay of politics, finance, and international relations. As the GENIUS Act awaits its final vote and the G7 Summit approaches, the global financial community will be closely watching these developments.

References

[1] https://cryptonews.com/news/donald-trump-day-one-crypto-reset-genius-act-vote/
[2] https://www.bloomberg.com/news/features/2025-06-13/trump-g-7-leaders-to-discuss-trade-russia-ukraine-iran-israel-middle-east