-
Donald Trump says he’s our ‘crypto president,’ but he’s tanking its best shot at adoption
Donald Trump said on the campaign trail ahead of his election that he intended to be the “crypto president.” But his vision and reality have collided in a way that could ultimately do more harm than good to crypto’s broader adoption in the years ahead. Last week, the U.S. Senate dealt the cryptocurrency industry a significant setback, voting to block further advancement of the GENIUS Act, a bill aimed at establishing regulatory guardrails for dollar-pegged stablecoins by classifying them as securities under the jurisdiction of the Securities and Exchange Commission. The surprise collapse of the act—which had ... (full story)
