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Mmastodon BusinessCrypto first seen 5 h ago, last 1 h ago, peak #8

Trump's crypto gains said to cost industry looser regulation

Original: How Trump's crypto winnings cost the industry looser regulation https://www.fastcompany.com/91612785/trumps-crypto-winni

A Fast Company report argues that Donald Trump's personal gains from cryptocurrency ventures have made it harder for the crypto industry to secure the looser regulation it wants, particularly around the Clarity Act. The piece suggests the industry's close association with the president has become a political liability rather than an asset.

Why now: Fresh reporting linking Trump's personal crypto profits to stalled pro-industry legislation is drawing attention in crypto and political circles.

Donald Trumpcrypto industryClarity ActFast Company

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