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MainNewsConflict of ...

Conflict of Interest Allegations Against Trump Stall U.S. Crypto Legislation Talks


by Ikemefula Aruogu
for CoinEdition
Trump’s $TRUMP token and WLFI conflict allegations stall U.S. crypto policy hearing.
  • U.S. crypto hearing canceled after Maxine Waters objects to Trump’s crypto ventures and token promotion
  • $TRUMP token and WLFI cited as conflict of interest by Democrats blocking bipartisan regulation talks
  • Crypto law timeline for 2025 now uncertain as partisan rift over Trump’s blockchain ties deepens

Efforts to advance major U.S. crypto legislation stalled last Tuesday after House Democrats blocked a key joint committee hearing, citing concerns directly linked to President Donald Trump’s involvement in cryptocurrency ventures. 

What this shows is the sharp partisan divisions complicating the path toward clear crypto regulations in the United States.

Hearing Cancelled Over Conflict of Interest Claims

Citing Trump’s various cryptocurrency ventures, Democratic lawmaker Maxine Waters objected to a joint hearing scheduled for Tuesday, effectively canceling proceedings between the House Financial Services Committee and the House Agriculture Committee. 

Her objection effectively cancelled the proceedings, which were intended to move forward the process of creating a new legal framework for digital assets in the U.S.

Related: Rep. Steil Wants Crypt…

The post Conflict of Interest Allegations Against Trump Stall U.S. Crypto Legislation Talks appeared first on Coin Edition.

Read the article at CoinEdition

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MainNewsConflict of ...

Conflict of Interest Allegations Against Trump Stall U.S. Crypto Legislation Talks


by Ikemefula Aruogu
for CoinEdition
Trump’s $TRUMP token and WLFI conflict allegations stall U.S. crypto policy hearing.
  • U.S. crypto hearing canceled after Maxine Waters objects to Trump’s crypto ventures and token promotion
  • $TRUMP token and WLFI cited as conflict of interest by Democrats blocking bipartisan regulation talks
  • Crypto law timeline for 2025 now uncertain as partisan rift over Trump’s blockchain ties deepens

Efforts to advance major U.S. crypto legislation stalled last Tuesday after House Democrats blocked a key joint committee hearing, citing concerns directly linked to President Donald Trump’s involvement in cryptocurrency ventures. 

What this shows is the sharp partisan divisions complicating the path toward clear crypto regulations in the United States.

Hearing Cancelled Over Conflict of Interest Claims

Citing Trump’s various cryptocurrency ventures, Democratic lawmaker Maxine Waters objected to a joint hearing scheduled for Tuesday, effectively canceling proceedings between the House Financial Services Committee and the House Agriculture Committee. 

Her objection effectively cancelled the proceedings, which were intended to move forward the process of creating a new legal framework for digital assets in the U.S.

Related: Rep. Steil Wants Crypt…

The post Conflict of Interest Allegations Against Trump Stall U.S. Crypto Legislation Talks appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Crypto Buys Access, $1.5M Buys Influence: Trump’s Fundraisers Fuel MAGA PAC

Crypto Buys Access, $1.5M Buys Influence: Trump’s Fundraisers Fuel MAGA PAC

President Donald Trump is doubling down on crypto in his May fundraising push—combini...
TRUMP Token Faces Ethics Probe, Price Collapses From $75 to $11

TRUMP Token Faces Ethics Probe, Price Collapses From $75 to $11

President Donald Trump is doubling down on his support for cryptocurrency, urging the...