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Trump family’s crypto ventures, including a stablecoin launch, may heighten political risks and hinder U.S. crypto regulation progress, TD Cowen's Washington Research Group wrote in a note Monday spotted by The Block.
What’s the Scoop?
- Political Risk Intensifies: TD Cowen warns that Trump family’s crypto ventures could provoke backlash and disrupt crypto reforms in the U.S.
- Legislative Momentum Threatened: Ongoing developments in regulation and SEC actions may be derailed by the Trump administration’s controversial policies and business involvement.
- High-Profile Connections: Justin Sun's ties to Trump-linked ventures and laundering allegations highlight the increasing stakes of these political concerns.
