Fox Business hosts, on Tuesday, called out President Donald Trump and his family for being heavily invested in cryptocurrencies at the same time his administration pushes crypto-friendly legislation, as host Stuart Varney put it. Fox Business reporter Lauren Simonetti commented it appeared to be a clear conflict of interest. Their comments came a day after the Trump family's flagship token WLFI started trading.
The Australian crypto industry has called on the newly reelected Labor government to urgently make digital asset legislation a top priority to ensure Australia doesn't fall further behind global markets.