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![[Cartoon] "Trump Memecoin, the Biggest Obstacle to Cryptocurrency Regulation"](/_next/image?url=http%3A%2F%2Fwww.coinreaders.com%2Fdata%2Fcoinreaders_com%2Fmainimages%2F202604%2F700_382_800_436_2026042930347174.webp&w=3840&q=75)
[Cartoon] "Trump Memecoin, the Biggest Obstacle to Cryptocurrency Regulation"
Simon Dedic, founder of Moonrock Capital, a venture capital firm specializing in cryptocurrency and blockchain, pointed out, "Trump's memecoin is the biggest obstacle to cryptocurrency regulation." He stated on his X account, "Due to Trump's memecoin, the congressional passage of the cryptocurrency regulatory bill, the Clarity Act, is being delayed. Democrats are using TRUMP as an issue, demanding the insertion of ethics clauses that could delay or scrap the entire bill. The 'crypto-friendly president' is too busy lining his own pockets, ruining the legislation the industry needs most. Nevertheless, the cryptocurrency industry does not point out this uncomfortable truth. Instead, they attend dinners for Trump memecoin holders, trying to curry favor and flatter him. Nothing will change unless someone speaks up," he emphasized.
*Disclaimer: This article is for investment reference only and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*
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