Trump Warns Against Banking Sector Delaying Crypto Legislation

The US government is moving to accelerate the adoption of legislation that provides clearer rules for digital assets and encourages institutional participation. President Trump has spoken out against the banking sector's attempts to delay or weaken this legislation, labeling such actions 'unacceptable'.

According to a statement from the President, the banking sector is trying to slow down or water down the regulatory framework, which would hinder the country's efforts to become a global leader in the digital economy. He highlighted the significance of two key bills: the Genius Act and the Clarity Act.