Trump defends crypto legislation and warns bankers against blocking Clarity Act

9 articles · Updated · CoinDesk · Apr 25

At a Mar-a-Lago event for top $TRUMP memecoin holders, Trump addressed several hundred investors and crypto executives, including Tether CEO Paolo Ardoino and Ark Invest’s Cathie Wood.
Trump reaffirmed his administration’s support for the Digital Asset Market Clarity Act, criticizing bank lobbyists for stalling the bill and emphasizing crypto’s mainstream status amid ongoing Senate negotiations.
The event highlighted Trump’s close ties to the digital asset industry, drawing both industry support and political scrutiny, with Democrats raising concerns over potential conflicts of interest and calls for stricter rules on officials’ crypto involvement.

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