California governor hinted at launching "Trump Corruption Coin"

Huobi HTX reported that California Governor Gavin Newsom proposed a cryptocurrency called Trump Corruption Coin on the Pivot podcast. Newsom accused Trump and his family of using cryptocurrency-related projects to seek personal gain through policy decisions and warned that such behaviors blurred moral boundaries. His remarks further corroborate the concerns of Democrats – Trump’s personal investment and its policies to support cryptocurrencies are undermining public trust in the regulatory process.