US Treasury Secretary Scott Bessent, responding to the concerns about Trump’s over $1bn crypto asset, said that he did not consider it to be a problem. In a financial disclosure released earlier this week, US President Donald Trump has earned approximately $1.4 billion from his crypto ventures since the beginning of his second term in January 2025. These include memecoin, $TRUMP and earnings from World Liberty Financial a cryptocurrency firm backed by US President Trump and his family.

“I don’t think there’s an appearance problem,” said Bessent to CBS News. “This is an innovation presidency,” he added. “So whether it’s digital access, whether it’s AI, whether it’s everything that is going on in the tech ecosystem that, you know, all…