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Trump's threat to block Congress over voter-ID law leaves crypto bill on shakier ground

CoinDesk
President Trump's threat to veto all legislation until his voter-ID bill passes jeopardizes the crypto industry's market structure bill.

Summary

President Donald Trump has threatened to withhold his signature from any legislation, including the crypto industry's top priority, the Digital Asset Market Clarity Act, until Congress approves his proposed voter-ID bill, the SAVE America Act. Trump declared the voter-ID legislation—which includes identification requirements and proof-of-citizenship demands—as his top priority, claiming it will secure Republican power for decades. The crypto bill, which has already passed the Senate Agriculture Committee, is currently awaiting action from the Senate Banking Committee. Trump's stance casts significant doubt on the digital asset bill's passage, testing whether he will prioritize his election-related legislation over the crypto regulatory framework he previously supported.

(Source:CoinDesk)