Speaking to reporters outside the White House, President Trump was pressed on his crypto policy in light of his family's crypto businesses.
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00:00Mr. President, I have a question about crypto.
00:03Key Senate Democrats have withdrawn support for crypto bills, in part because they say that you and your family should not be involved in crypto companies while in office, and now the bills may not pass and have to support.
00:14What would you say to them?
00:15Well, I haven't heard that, but I'm a big fan of crypto because I want to keep it away from China.
00:21Crypto is a whole new thing that started, you know, not so long ago.
00:25But I'm very much in favor of crypto, Bitcoin, all of the different things, because otherwise China's going to take it over.
00:32And just like AI, just like so many other industries or whatever you want to call them, crypto is very important, I think, for our country.