Trump open to blind trust for family’s crypto business, opposes targeted legislation

President Donald Trump said he would not oppose placing his family’s cryptocurrency-related businesses into a blind trust, a notable shift for a president who has spent years resisting the traditional ethics guardrails that his predecessors embraced. The concession, however, comes with caveats: Trump remains firmly opposed to legislative provisions he views as targeting his family’s specific crypto operations. The statement lands in the middle of a heated Senate fight over the CLARITY Act, formally known as the Digital Asset Market Clarity Act of 2025, where Democrats have been pushing for stricter ethics requirements that would force divestment or the creation of blind trusts for officials with significant digital asset holdings. Trump’s conditional openness to a qualified blind trust, or QBT, represents an attempt to thread a political needle: appear cooperative on governance without actually constraining the family’s crypto empire. A $1.4 billion reason for scrutiny The scale of the Trump family’s crypto income explains why ethics provisions have become a sticking point in the legislation. Financial disclosures dated June 30, 2026, paint a striking picture of just how profitable...