Trump Slams Judicial System: Is Court Hindering Crypto’s Rise?

By: cryptonewsz|2025/05/08 01:00:03
0
Share
copy
On May 7, U.S. President Donald Trump once again aimed at the country’s judicial system for not letting him do the job for which he was elected. He pointed out court’s interference is holding back key reforms, possibly including his administration’s efforts to regulate the crypto industry. While Trump did not mention cryptocurrency directly, his complaint that “activist judges” are preventing his administration from doing the job it was “elected to do” is raising concerns about whether crucial policy initiatives and reforms like crypto regulation. Trump stated in the post , “Activist judges must let the Trump Administration deport murderers, and other criminals who have come into our Country illegally, WITHOUT DELAY!!!” Trump’s 100-Day Crypto Impact After the departure of the hostile administration, the crypto community is expecting a clear regulatory framework under Donald Trump’s pro-crypto administration. It’s been over 100 days, but this promise has yet to be fulfilled. However, President Donald Trump has made a strong push to support the crypto industry. During his election campaign, he promised to make the U.S. “the crypto capital of the world,” and many in the crypto space believe he’s off to a fast start. Trump took quick action with executive orders and key appointments. He created a Strategic Bitcoin Reserve, though it was later limited to just bitcoin after some public criticism. His team also rolled back strict SEC rules that had made it hard for crypto firms to operate freely. New leaders at major agencies, like the SEC and FDIC, have shown clear support for cryptocurrency. The SEC even dropped its long-running lawsuit against Ripple and started working with industry leaders to create fairer rules. However, Trump and his family’s crypto ventures caught the attention of many critics. Some of them raised eyebrows when Trump launched a meme coin that boosted his net worth and promised private dinners to top holders. On May 6, Representative Maxine Waters walked out of a hearing on the crypto’s future to protest against Donald Trump’s crypto corruption. Also Read: New Hampshire Passes Bitcoin Reserve Bill, Becomes First State

You may also like

The arrival of the Web 3.0 era: A review of Hong Kong court rulings on digital assets

Hong Kong judiciary landmark: The court officially recognizes cryptocurrency as legal property and introduces the "tokenized injunction" to track and freeze involved funds, comprehensively upgrading the protection of digital asset investors.

Track Markets At a Glance: New WEEX Price Widgets for iOS & Android

To streamline your market data access, WEEX has officially launched "Market Watchlist" desktop widgets

The billion-dollar lesson: The focus of DeFi security is shifting from code to operational governance

Warning of nearly $1 billion loss in DeFi: Security pain points have shifted from code vulnerabilities to permissions and operations. Introducing TradFi bank-level risk control and AI defenses is the way to balance openness and security.

A Brief Analysis of Stablecoin Licenses and On-Chain Funding

Hong Kong accelerates the layout of digital finance, providing a panoramic analysis of the evolution of three major on-chain financial forms: central bank digital currency, deposit tokens, and stablecoins, along with future opportunities.

BVNK Founder: Three Stages of Stablecoin Development

Once payments become faster, cheaper, and globally interconnected, stablecoins will not just open up a new market, but a new realm with boundaries that are not yet visible today.

The truth about Trump's son's Bitcoin game: he made a staggering $100 million while retail investors lost $500 million

The Trump family has a family skill: to exaggerate and make something sound bigger than it actually is.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com