Trump defends crypto legislation at private event featuring boxer Mike Tyson, Tether CEO
CoinDesk
President Donald Trump advocated for cryptocurrency legislation at a private event, criticizing banking lobbyists for hindering progress on digital asset market reforms.Summary
At a private event held at Mar-a-Lago for holders of the $TRUMP memecoin, President Donald Trump pledged to support cryptocurrency legislation, specifically the Digital Asset Market Clarity Act. Trump stated that the White House would oppose efforts by banking lobbyists to block the bill, which aims to establish a regulatory framework for the industry. The gathering included prominent figures such as Tether CEO Paolo Ardoino, Cathie Wood of Ark Invest, and boxer Mike Tyson, and occurred amid ongoing political debate regarding Trump's personal involvement in digital asset ventures.
(Source：CoinDesk)