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Custodia CEO Blames Trump Family For CLARITY Act Delays


by Ikemefula Aruogu
for CoinEdition
Custodia CEO Blames Trump Family For CLARITY Act Delays

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AI Overview

The Trump family's involvement in crypto, including meme coins and World Liberty Financial, is hindering support for the CLARITY Act, according to Custodia CEO Caitlin Long. The Act aims to clarify the regulation of digital assets in the US but struggles to gain bipartisan backing due to these associations.

Bearish
  • The Trump family’s crypto links are affecting legislators’ outlook on the CLARITY Act.
  • Senator Lummis said the Trump family’s crypto involvement made her job harder.
  • Donald Trump is associated with meme coins and the World Liberty Financial.

Custodia CEO Caitlin Long said that President Donald Trump’s family will share the blame if Congress fails to pass the CLARITY Act. Long made the statement on Wednesday during ETH Denver, the world’s largest and longest-running Ethereum and Web3 innovation festival.

Difficulty in Securing Bipartisan Backing

According to Long, Trump-associated meme coins and other crypto ventures linked to the President’s family, including World Liberty Financial, have made it more difficult to secure bipartisan backing for the bill. It is worth noting that the CLARITY Act aims to define how digital assets are regulated in the US an…

Read The Full Article Custodia CEO Blames Trump Family For CLARITY Act Delays On Coin Edition.

Read the article at CoinEdition

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Custodia CEO Blames Trump Family For CLARITY Act Delays


by Ikemefula Aruogu
for CoinEdition
Custodia CEO Blames Trump Family For CLARITY Act Delays

Share:

AI Overview

The Trump family's involvement in crypto, including meme coins and World Liberty Financial, is hindering support for the CLARITY Act, according to Custodia CEO Caitlin Long. The Act aims to clarify the regulation of digital assets in the US but struggles to gain bipartisan backing due to these associations.

Bearish
  • The Trump family’s crypto links are affecting legislators’ outlook on the CLARITY Act.
  • Senator Lummis said the Trump family’s crypto involvement made her job harder.
  • Donald Trump is associated with meme coins and the World Liberty Financial.

Custodia CEO Caitlin Long said that President Donald Trump’s family will share the blame if Congress fails to pass the CLARITY Act. Long made the statement on Wednesday during ETH Denver, the world’s largest and longest-running Ethereum and Web3 innovation festival.

Difficulty in Securing Bipartisan Backing

According to Long, Trump-associated meme coins and other crypto ventures linked to the President’s family, including World Liberty Financial, have made it more difficult to secure bipartisan backing for the bill. It is worth noting that the CLARITY Act aims to define how digital assets are regulated in the US an…

Read The Full Article Custodia CEO Blames Trump Family For CLARITY Act Delays On Coin Edition.

Read the article at CoinEdition

In This News

Share:

In This News

Share:

Read More

Bitcoin pops then drops as Supreme Court strikes down Trump tariffs

Bitcoin pops then drops as Supreme Court strikes down Trump tariffs

As has been typical in crypto markets of late, even the most modest move higher was m...
White House Sets March 1 To Push Senate’s Clarity Act: Will Banks Cave?

White House Sets March 1 To Push Senate’s Clarity Act: Will Banks Cave?

The White House (WH) has set a March 1 deadline to break an impasse over stablecoin r...