Trump defends family crypto business in CBS interview, compares it to past presidents’ oil holdings

Cointime update: Donald Trump defended his family’s cryptocurrency business against conflict-of-interest allegations in a Nov. 9 interview on CBS’s “60 Minutes,” saying “every president has their own problems.” When the interviewer noted no prior U.S. president had owned a crypto company, Trump argued past presidents held oil and other major assets, likening crypto to traditional business assets. He said he could not ask his sons to stop running their businesses during his four-year term.