According to media reports, U.S. President Donald Trump defended cryptocurrency legislation that is currently working its way through Congress at a private event.
Trump made the comments at a gathering for a few hundred of the top $TRUMP (CRYPTO: $TRUMP) meme coin owners that also featured boxer Mike Tyson.
Speaking at his private Mar-a-Lago club in Florida, Trump defended the “Digital Asset Market Clarity Act” and warned bankers against getting in the way of the proposed legislation.
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Trump apparently criticized bank lobbyists who have worked to stall the legislation that aims to provide regulatory clarity around the crypto industry.
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