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✉news BusinessCrypto first seen 4 h ago, last 8 min ago, peak #37

Trump's Crypto Gains May Have Cost Industry Looser Rules

Original: How Trump’s crypto winnings cost the industry looser regulation

An analysis argues that Donald Trump's financial gains from the cryptocurrency sector have backfired on the industry, making it harder to secure lighter regulation. The piece suggests that Trump's close, visible ties to crypto businesses have turned the sector into a political liability, complicating efforts in Washington to pass the industry-friendly rules crypto companies have long sought.

Why now: Fresh scrutiny of the political fallout from Trump's crypto ties comes as regulators and lawmakers weigh the industry's future.

Donald Trumpcryptocurrency industry

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