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Crypto champion Trump may be jeopardizing the industry's landmark legislation
Sweeping legislation to regulate the cryptocurrency industry is years in the making, but the sector's biggest political champion, President Donald Trump, may have also become one of its biggest political liabilities. As Congress barrels forward on passing legislation called the Clarity Act that would establish rules for digital assets and likely unleash a wave of institutional investment, Trump's expanding crypto empire is giving critics fresh reasons not to support the bill, with the issue becoming increasingly contentious ahead of midterm elections in the fall. Currently, the Clarity Act awaits a vote in the full ... (full story)
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