š„ TRUMP MEMECOIN DRAMA ROCKS CRYPTO LAWS! š„
⢠āMore Complicatedā: French Hill says Trumpās memecoin & crypto stakes have made stablecoin & market-structure negotiations āmore complicated,ā but bipartisan work continues behind the scenes
⢠Senate Stall: Democrats blocked the GENIUS Act cloture vote 49ā48, explicitly citing Trump-family crypto conflicts
⢠House Walkout: Rep. Maxine Waters refused a joint hearing on the market-structure bill, launching a separate session to probe Trumpās crypto ties
⢠Memecoin Frenzy: 220 top $TRUMP holders vied for a VIP dinner invite; 34 sold off after the cutoff amid foreign-investor & ethics alarms
⢠āPeanut Butter & Jellyā: Hill calls stablecoin & market-structure bills complementaryāāif you have a stablecoin, where will you use it?ā
⢠Deadline Push: Despite the memecoin saga, Hill insists both bills can land on Trumpās desk before August recess
⢠Insider Warnings: Critics note early backers profited handsomely while retail investors bore the brunt of volatile token launches
⢠Industry Pleas: Ripple & Kraken execs testify that clear stablecoin regs are vital or the U.S. will cede innovation leadership
⢠Global Race: Jurisdictions like Gibraltar & Wyoming are racing to set crypto-derivative and stablecoin frameworks in response
⢠Market Stakes: Clarityāor further delaysācould swing BTC/ETH prices by double digits amid regulatory sensitivity
š¬ Your Take: Can Congress weather the Trump-crypto ethics storm to deliver real stablecoin & market-structure reform this summer? Drop your verdict & tag a friend!
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