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Trump defends crypto legislation at private event featuring boxer Mike Tyson, Tether CEO

Trump defends crypto legislation at private event featuring boxer Mike Tyson, Tether CEO

A few hundred of the top $TRUMP memecoin holders were treated to some personal time with U.S. President Donald Trump and his high-profile guests on Saturday at an event at his Florida club in which Trump warned bankers against getting in the way of crypto legislation.

Speaking at the private Mar-a-Lago gathering in Palm Beach, Florida, Trump took up the stance his White House crypto advisers had occupied on the Digital Asset Market Clarity Act. He pushed back against the bank lobbyists who’d stalled the legislation — the crypto industry’s primary policy aim.

The White House won’t let the banks ruin the crypto market structure legislation, Trump said at the event, a finance-focused gathering billed as “the most exclusive conference in…

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