Trump's crypto agenda is being threatened by his pursuit of personal profits
Some lawmakers who had shown a willingness to support crypto legislation are backtracking on concerns about President Trump's personal ventures in the space.
President Donald Trump is standing in his own way when it comes to passing crypto legislation.
Lawmakers this week rejected the GENIUS Act — a bill meant to establish federal rules for stablecoins — due in part to concerns that President Trump's personal cryptocurrency ventures have created an unprecedented conflict of interest.