Trump Calls on Congress to Pass Comprehensive Crypto Market Structure Legislation

President Donald Trump called on Congress to immediately approve comprehensive cryptocurrency market structure legislation, MSB Intel reports. Trump said the administration "is not going to allow" the legacy financial system to obstruct what he described as a market transition, warning that continued delays by banks could result in the entire crypto industry "going to China." The White House was cited as fully backing what it called "our powerful crypto agenda" to support American financial dominance.