Donald Trump’s Crypto Ventures Could Delay Crypto Bill Until 2029, TD Cowen Warns
The crypto market structure bill could slip to 2027 with implementation pushed to 2029 as President Trump’s $620 million crypto empire and Democrat midterm leverage freeze Senate negotiations, TD Cowen warns.
Trump’s $620M Crypto Problem
Democrats want provisions barring senior government officials and their families—including President Donald Trump—from owning or operating crypto businesses,
Bloomberg estimated Trump has generated roughly $620 million from crypto ventures tied to his family, including World Liberty Financial (CRYPTO: WLFI), a DeFi and stablecoin project listing Trump and his three sons as co-founders.
The family also holds a stake in bitcoin mining firm American Bitcoin (NASDAQ:ABTC), while the Official Trump (CRYPTO: TRUMP) and MELANIA (CRYPTO: MELANIA) meme coins launched …
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