Trump Crypto Plans Face Ethics Talks as Trump Media Ends CRO Deal
Key Insights:
- Trump crypto ethics negotiations now include a possible blind trust.
- Trump Media ended its planned $6.42 billion CRO treasury venture.
- Crypto.com’s Truth Social prediction-market integration was also scaled back.
President Donald Trump said he would accept a blind trust covering crypto interests during ongoing Senate market-structure negotiations. The Trump crypto position emerged as Trump Media separately scaled back two Crypto.com initiatives on August 7, 2026.
The developments exposed two pressure points around the president’s digital-asset exposure. Senate talks remained stalled over ethics rules. Trump Media redirected attention to its media operations and the pending TAE Technologies merger.
Trump Crypto Ethics Talks Remain Unresolved
President Trump told Punchbowl News this week that he did not oppose placing assets into a blind trust. The Financial Times quoted Trump saying, “I don’t mind putting it in a blind trust . . . I let my kids run it.”
The Senate continued negotiating ethics provisions tied to the Digital Asset Market Clarity Act. Reuters reported on August 6, 2026, that lawmakers discussed requirements for Trump to divest crypto-related businesses.
