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The crypto industry saw Trump as its savior. His crypto business just snagged a key bill

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The White House in Washington, photographed circa 2012
File photograph: The White House in Washington, photographed circa 2012. Rene DeAnda / Unsplash. Illustrative context, not a photograph of this reported event.

The crypto industry has spent years and hundreds of billions of dollars lobbying for regulation that would more closely weave digital assets into traditional finance. When President Donald Trump made a heel-turn on crypto in 2024, supporters hoped that he’d finally put an end to their regulatory limbo.

Read the original report at Cnn.

Sources and context

Cnn

Source headline and summary supplied via NewsData.io. First collected by NewsJaws on 2026-09-16. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.