Trump Ethics Refusal Kills Crypto Bill, Biden Says
Hunter Biden, son of former President Joe Biden, recently attributed the failure of the Clarity Act to the Trump administration's refusal to bend on ethics laws. The bill aimed to introduce stricter conflict-of-interest rules for elected officials and their families.
Biden stated that most Democrats have not studied cryptocurrency and are only familiar with it through Donald Trump's ventures, which he described as a 'grift.'
He also launched a memecoin called LAPTOP, but it quickly fell over 99% in value after trading began on September 9. Biden believes people like himself who have knowledge of crypto should speak up and educate members of Congress.