Donald Trump’s Impact on US Crypto Startups: A Warning for the DeFi Community

Monday, 16 September 2024, 17:00

Donald Trump warns that US crypto startups will face dire consequences if he isn't elected. The former president's comments target the SEC's scrutiny of crypto builders, emphasizing the breaking push in DeFi. This commentary sheds light on how regulatory pressures, particularly from Gary Gensler, affect innovation in the US.
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Donald Trump’s Impact on US Crypto Startups: A Warning for the DeFi Community

Trump's Warning for US Crypto Startups

In a recent statement, former U.S. President Donald Trump expressed his concerns for crypto startups in the United States. He asserted that those under investigation by the Securities and Exchange Commission (SEC) will face tremendous challenges if he is not re-elected. This warning specifically highlights the breaking push in DeFi and the regulatory landscape influenced by figures like Gary Gensler.

Implications for the DeFi Community

  • Barry Trump and his potential role in shaping crypto policy.
  • World Liberty Financial's response to regulatory pressures.
  • Future of DeFi startups under existing regulations.

With mounting regulatory scrutiny, Trump’s comments provide a glimpse into the potential future challenges for crypto enthusiasts and startups.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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