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CryptoWorld Network news reports that, according to CoinDesk, U.S. President Donald Trump defended cryptocurrency legislation at a private event in Florida, warning bankers not to obstruct the legislative process. The event drew hundreds of holders of $TRUMP memecoin, as well as several crypto-industry executives, including Paolo Ardoino, CEO of Tether, and Cathie Wood of Ark Invest. Trump said the White House will not let banks undermine legislation shaping the crypto market structure, and emphasized that this is his priority. At the event, Trump also discussed foreign policy issues such as Iran, Venezuela, and NATO.