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Hoskinson Claims Trump Coin Delayed U.S. Crypto Legislation

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Cardano founder Charles Hoskinson said the launch of Trump Coin and World Liberty Finance turned U.S. crypto legislation into a partisan issue, slowing the Clarity Act. Lawmakers grew wary of backing crypto legislation, fearing ties to Trump’s projects. This weakened bipartisan support ahead of elections. Hoskinson added that delays in Countering the Financing of Terrorism and other rules raised market uncertainty, helping Bitcoin outperform altcoins.
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