TechFlow News: On March 4, Trump posted on Truth Social, strongly criticizing banking institutions for attempting to undermine the GENIUS Act and obstruct the passage of the CLARITY Act. He stated that these bills are crucial to ensuring the U.S. becomes the “Cryptocurrency Capital of the World” and warned that, without action, this industry could shift to countries like China. Trump urged banks to reach an agreement with the cryptocurrency industry, emphasizing that doing so aligns with the best interests of the American people, and called for swift completion of market structure reforms to enable “Americans to earn more from their money.”
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