While everyone focuses on Trump's personnel shuffle this has also happened,
https://www.theguardian.com/us-news/2025/may/02/abu-dhabi-firm-binance-trump-stablecoin
And should be read with this in mind:
As Donald Trump’s administration has cut regulations for the cryptocurrency industry, the crypto firm World Liberty Financial, in which the Trump family has a large financial stake, has grown quickly by launching its own “stablecoin” and another digital token, prompting watchdogs and experts to warn of Trump’s conflicts of interest and economic hazards.
“Donald Trump is enriching himself and his family through their crypto businesses while his administration guts oversight of the market,” Senator Elizabeth Warren of Massachusetts said. “It’s a massive conflict of interest and a recipe for disaster.”
She added: “The SEC has already dropped enforcement actions against crypto firms tied to Trump donors and issued new guidance that could shield the first family’s own coins from scrutiny. Congress should step up and pass basic rules of the road that prevent corruption and protect consumers.”
https://www.theguardian.com/us-news/2025/apr/14/critics-slam-deregulation-of-crypto-as-trump-family-expands-its-footprint-in-industry