A BBC report on Oct.24, 2025 lists crypto donors on a private donor list tied to a $300M White House ballroom project. The disclosure has sharpened debate over access and transparency.
The BBC report cites a circulated private donor list that includes major tech and finance names and, reportedly, several crypto firms. The file is said to cover contributions connected to a 90,000-square-foot site and the construction of a $300M ballroom on White House grounds.
The document names Coinbase, Ripple and Tether as affiliated with the donor list, though the BBC and other outlets note that public confirmation of transactions is still pending.
Observers say an exchange-level donation or sponsorship can trigger questions about regulatory influence.
Advocates for disclosure argue that private funding for high-profile projects creates avenues for privileged access. Critics warn that opaque gifts can blur lines between legitimate engagement and pay-for-access politics involving President Trump and senior officials.
Industry defenders counter that corporate outreach is routine; still, the presence of major digital-asset names has amplified calls for clearer reporting on political spending and lobbying ties. (A related case can be found in the UK: Crypto donation sparks scrutiny of Reform UK funding and AML oversight.)
Regulators are likely to sharpen scrutiny of how contributions, sponsorships and meetings intersect with formal lobbying disclosures.
Firms named—including Coinbase, Ripple and Tether—may face intensified questions about internal compliance and public disclosure. Platforms previously engaged in political activity have had to navigate similar debate.
In brief: the naming of crypto firms in donor records will likely prompt legislative and watchdog reviews.
Expect renewed pressure for stricter disclosure rules and closer oversight of crypto lobbying.


Bitcoin’s market cycles may stretch longer as ISM manufacturing data remains weak, hinting at extended macro headwinds and slower business recovery. The Institute for Supply Management’s (ISM) Manufacturing Purchasing Managers’ Index (PMI) has historically aligned with major peaks in Bitcoin’s market cycles — a pattern that, if repeated, could imply a longer-than-usual cycle this time around.The correlation between the ISM PMI and Bitcoin’s (BTC) price was first popularized by Real Vision’s Raoul Pal and has since gained traction among macro-focused crypto analysts.“All 3 past Bitcoin cycle tops have broadly aligned with this monthly, oscillating index,” analyst Colin Talks Crypto noted, referencing the recurring overlap between Bitcoin’s market highs and the PMI’s cyclical peaks.Read more
