US House Financial Services Chairman French Hill has commented on the negative impact that the TRUMP coin has on the proposed crypto legislation. This came as he described the president’s involvement in crypto as a distraction from the work that the US Congress has put into creating a regulatory framework for the industry. French Hill Describes TRUMP Coin as a Distraction From Crypto Legislation According to a Bloomberg report, the US congressman said that President Donald Trump’s involvement in crypto, through the TRUMP coin and other ventures, has complicated the work in Congress, which they have made to pass legislation that has been in the works for years. French Hill explained that the Trump family’s engagement has made the work more complicated because it has distracted those in Congress, both Republicans and Democrats, from what they need to do. He noted that they have worked for five years, especially in… Read More at Coingape.com
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