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President Trump Criticizes Banking Sector for Hindering 'Cryptocurrency Reform', Demands Swift Passage of the Clarity Act

2026/03/04 08:36 (Updated 2026/03/04 10:01)
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Written by L.Kikutani
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President Trump Criticizes Banking Sector for Hindering 'Cryptocurrency Reform', Demands Swift Passage of the Clarity Act

Criticizing the Demands of the Banking Industry

Criticizing the Demands of the Banking Industry

On the 4th, President Donald Trump fiercely criticized the banking industry through a post on his Truth Social platform, accusing them of obstructing regulatory developments in the cryptocurrency sector.

He expressed his intolerance for the banking sector's attacks on the 'Genius Act' and reiterated his call for the swift enactment of the 'Clarity Act', which aims to define the structure of the cryptocurrency market.

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Iolite Vol.18

Iolite Vol.18

March 2026 issueReleased on 2026/01/30

Interview: Iolite FACE vol.18 Takeshi Chino, Representative Director, Binance Japan PHOTO & INTERVIEW: Mai Shin Special Features: “Future Money — The Current State of Value Transfer” “Upcoming Amendments to Japan’s Crypto Asset Regulations” “The Reality of IEOs” Crypto Journey Beyond a Treasury Company: Becoming an Ethereum Evangelist — The Essence and Determination Behind HODL1’s Digital Asset Treasury (DAT) Strategy Interview with Hiroki Tahara, Representative Director, Kusim Inc. (now HODL1) Series: “Expert Perspectives on Interpreting Volatile Crypto Markets” — Kasou NISHI Series Tech and Future — Toshinao Sasaki …and more

MAGAZINE

Iolite Vol.18

March 2026 issueReleased on 2026/01/30
Interview: Iolite FACE vol.18 Takeshi Chino, Representative Director, Binance Japan PHOTO & INTERVIEW: Mai Shin Special Features: “Future Money — The Current State of Value Transfer” “Upcoming Amendments to Japan’s Crypto Asset Regulations” “The Reality of IEOs” Crypto Journey Beyond a Treasury Company: Becoming an Ethereum Evangelist — The Essence and Determination Behind HODL1’s Digital Asset Treasury (DAT) Strategy Interview with Hiroki Tahara, Representative Director, Kusim Inc. (now HODL1) Series: “Expert Perspectives on Interpreting Volatile Crypto Markets” — Kasou NISHI Series Tech and Future — Toshinao Sasaki …and more