📰 The crypto industry saw Trump as its savior. His crypto business just snagged a key bill
🗓️ Sep 15 2026 22:31 UTC
The crypto industry has spent years and hundreds of billions of dollars lobbying for regulation that would more closely weave digital assets into traditional finance. When President Donald Trump made a heel-turn on crypto in 2024, supporters hoped that he’d finally put an end to their regulatory limbo.
➤ A key crypto industry bill, the Clarity Act, failed to pass a procedural vote in the Senate due to concerns over ethics provisions and potential conflicts of interest related to President Trump's crypto businesses.
➤ Despite the White House's previous pro-crypto stance and industry-friendly appointments, the bill's failure highlights ongoing regulatory challenges and political divisions.
➤ The setback caused a sell-off in major cryptocurrencies like Bitcoin and stablecoin issuers, though some industry participants remain optimistic about eventual regulatory clarity.
#donaldtrump #cryptoindustry #clarityact #regulatorylimbo #senatevote #ethicsprovisions #stablecoin #bitcoin #secenforcement
🔗 Read more at: https://rwatimes.io/articles/edition.cnn-the-crypto-industry-saw-trump-as-its-savior-his-crypto-business-just-snagged-a-key-bill-601687059
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npub1r6…jxrkh
2026-09-16 00:33:30 UTC
Author Public Key
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2026-09-16 00:33:30 UTCEvent JSON
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"content": "📰 The crypto industry saw Trump as its savior. His crypto business just snagged a key bill\n🗓️ Sep 15 2026 22:31 UTC\n\nThe crypto industry has spent years and hundreds of billions of dollars lobbying for regulation that would more closely weave digital assets into traditional finance. When President Donald Trump made a heel-turn on crypto in 2024, supporters hoped that he’d finally put an end to their regulatory limbo.\n\n➤ A key crypto industry bill, the Clarity Act, failed to pass a procedural vote in the Senate due to concerns over ethics provisions and potential conflicts of interest related to President Trump's crypto businesses.\n➤ Despite the White House's previous pro-crypto stance and industry-friendly appointments, the bill's failure highlights ongoing regulatory challenges and political divisions.\n➤ The setback caused a sell-off in major cryptocurrencies like Bitcoin and stablecoin issuers, though some industry participants remain optimistic about eventual regulatory clarity.\n\n#donaldtrump #cryptoindustry #clarityact #regulatorylimbo #senatevote #ethicsprovisions #stablecoin #bitcoin #secenforcement\n\n🔗 Read more at: https://rwatimes.io/articles/edition.cnn-the-crypto-industry-saw-trump-as-its-savior-his-crypto-business-just-snagged-a-key-bill-601687059",
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