Trump's Advisor: The White House Will Reject the Crypto Bill

The Trump Administration Opposes the Crypto Bill

President Donald Trump's crypto advisor Patrick Witt stated in an interview with CoinDesk that the White House will not accept a crypto market structure bill targeting Trump. The crypto industry's main policy objectives are currently blocked at various points in Washington.

It is known that the Democrats are requesting a provision that bans top government officials from profiting from the crypto industry. This issue remains an unresolved topic of debate among many stakeholders in the crypto space.

Negotiations among the parties involved in this policy effort are ongoing. The next meeting of the Democratic legislature is expected to take place on Wednesday.