"Trump Family's Virtual Asset Trading Complicates Regulation Establishment"

Source
JH Kim

Summary

  • French Hill, a member of the House, pointed out that the regulatory environment has become complicated due to the Trump family's virtual asset trading.
  • Hill stated that Trump-related meme coins and stablecoin projects have made it difficult to draft regulations.
  • He conveyed that this situation suggests the need for caution among virtual asset investors.

On the 31st (local time), according to the virtual asset (cryptocurrency) specialized media Decrypt, French Hill, a member of the U.S. House Financial Services Committee, pointed out that "the regulatory environment has become more complicated as President Donald Trump and his family engage in virtual asset trading."

He specifically mentioned Trump-related meme coins and stablecoin projects, emphasizing that "these projects have made it more difficult to draft regulations."

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JH Kim

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