Hold onto your hats, folks! The Trump family’s sneaky little crypto company, World Liberty Financial, has decided to waltz onto the scene under the silly symbol $WLFI. And guess what? Experts are squealing their heads off, warning that this cheeky little venture might just turn the entire Senate into a giant mess of noodles. 🍝
Will World Liberty Make the Market Showdown a Total Bubble? 🤔
See, the fancy legislation called the CLARITY Act was supposed to bring order to the wild, wild west of cryptocurrencies. Think stablecoins and all that jazz. But noooo, along comes WLFI and throws a spanner in the works-like a monkey with a calculator. 🐒🤡
Jake Chervinsky, the crypto lawyer with a face full of serious, recently warned that Trump’s crypto palace could cause conflicts of interest big enough to crush the bill faster than you can say “cryptoverse chaos.” Many folks won’t support a bill that screams “Hey, Trump might be making a fortune!”
Chervinsky grimly stated, “World Liberty Financial will make it way harder to get market structure legislation done in the Senate, where we need 7 Democrats to vote yes.” So much for smooth sailing! 🚤💥
How Does World Liberty Turn the Crypto Carnival into a Circus? 🎪
Long ago, Democrats weren’t exactly a fan of Trump playing in the crypto sandbox. They even called out Trump’s active crypto shenanigans, demanding amendments to block him and his family from cashing in like a bunch of crypto pirates. 🏴☠️🔥
Congresswoman Maxine Waters called Trump “corrupt” because of his crypto capers and led the charge to keep him from raking in billions. Now, with Trump’s crypto interests tangled up in the legislation, many believe the whole thing is about as likely to happen as pigs flying. 🐷✈️
Will the Great Crypto Bill Ever See the Light of Day? 🌅
Senator Cynthia Lummis, a brave Republican voice, claimed at the Wyoming Blockchain Circus-uh, Symposium-that the bill will glide through the Senate Banking Committee before the leaves fall. “We will have the market structure to the president’s desk before the end of the year… I hope it’s before Thanksgiving,” she said, twirling her legislative baton. 🦃🎩
And Senator Tim Scott dreams big, hoping to have the bill wrapped up by September 30, 2025. But if not, it might get kicked to October 6 for a big, fancy hearing-just to make everyone wait and wonder. ⏰🤷♂️
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2025-09-03 10:23