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President Trump talks crypto, corruption and Changpeng Zhao in ’60 Minutes’ interview

The Block
President Trump discussed making the U.S. the world's crypto capital during a '60 Minutes' interview.

Summary

During an extended interview on "60 Minutes," President Donald Trump reiterated his goal to make the United States the world's leading cryptocurrency capital, asserting that the U.S. is currently number one because he is president. He criticized former President Biden for only embracing crypto late in his campaign for votes. The article notes that Trump reversed his stance on crypto in 2024, and his sons are now involved, with the family reportedly profiting over $1 billion from various crypto interests. Furthermore, Trump defended his decision to pardon Binance co-founder Changpeng "CZ" Zhao, claiming Zhao was the victim of a "Biden witch hunt," despite concerns raised about the appearance of corruption, particularly in light of reported discussions between Trump-affiliated entities and Binance.

(Source:The Block)