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![[Cartoon] "Trump Memecoin, the biggest obstacle to cryptocurrency regulation"](/_next/image?url=http%3A%2F%2Fwww.coinreaders.com%2Fdata%2Fcoinreaders_com%2Fmainimages%2F202604%2F700_382_800_436_2026042930347174.webp&w=3840&q=75)
[Cartoon] "Trump Memecoin, the biggest obstacle to cryptocurrency regulation"
Simon Dedic, founder of Moonrock Capital, a venture capital firm specializing in cryptocurrency and blockchain, pointed out that "Trump's memecoin is the biggest obstacle to cryptocurrency regulation." He emphasized through his X that "The passage of the Clarity Act, a cryptocurrency regulatory bill, is being delayed in Congress due to Trump's memecoin. Democrats are taking issue with TRUMP and demanding the insertion of ethics clauses that could delay or scrap the entire bill. The 'crypto-friendly president' is so busy filling his own pockets that he is ruining the legislation the industry needs most. Despite this, the crypto industry does not point out the uncomfortable truth. Instead, they attend dinners for Trump memecoin holders, flatter him, and fawn over him. Nothing will change unless someone speaks up."
*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*
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