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Trump's Crypto Ventures and Vatican's Excommunication of Traditionalist Group

Former President Trump claims no conflict of interest despite his family's significant earnings from cryptocurrency. Meanwhile, the Vatican has excommunicated the Society of St. Pius X for entering schism.

Editorial Staff · 2026-07-02 · 1 MIN READ
Trump's Crypto Ventures and Vatican's Excommunication of Traditionalist Group

Former President Donald Trump has publicly denied any conflict of interest regarding his family's substantial earnings from cryptocurrency ventures, which reportedly exceed $1 billion over the past year.

In a separate development, the Vatican has taken a decisive step by excommunicating the traditionalist Society of St. Pius X, citing their entry into schism as the reason for this action.

These events highlight ongoing tensions in both the financial and religious arenas, with Trump's business dealings raising questions and the Vatican's stance underscoring internal divisions within the Church.