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Nobody wants to say this, so I will.
Trump's memecoin is the currently the biggest obstacle to crypto regulation right now.
The CLARITY Act is stalling because of it. Democrats are using his gala dinners and billions of evaporated retail wealth as ammunition to demand ethics clauses that could delay or kill the bill entirely.
The "pro crypto president" is actively sabotaging the legislation this industry needs most, just to further fill his own bags.
And the reason nobody in crypto calls this out?
Because half the industry's most important people were at that dinner on Saturday. Smiling, clapping and kissing the ring of the man whose memecoin is single-handedly delaying the regulation they claim to be fighting for.
And as long as nobody speaks up, nothing will change.