Mmastodon BusinessCrypto first seen 9 h ago, last 5 h ago, peak #8
Trump's crypto ties complicate industry's push for looser regulation
Original: How Trump's crypto winnings cost the industry looser regulation https://www.fastcompany.com/91612785/trumps-crypto-winni
Fast Company reports that Donald Trump's financial gains from the crypto industry are undermining efforts to pass the Clarity Act, legislation meant to establish clearer, looser rules for digital assets. The argument: Trump's personal crypto winnings have politicized the issue, making lawmakers wary of supporting industry-friendly regulation and jeopardizing the regulatory certainty crypto firms have lobbied for.
Why now: Trump's crypto profits have turned the Clarity Act into a political liability, stalling regulation the industry wants.
Donald TrumpClarity Actcrypto industryFast Company
Evidence
- How Trump's crypto winnings cost the industry looser regulation https://www.fastcompany.com/91612785/trumps-crypto-winnings-cost-looser-regulation-clarity-act # Crypto # Regulation # Business · fast_company@robot.villas · 2
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