Congress prepares to debate cryptocurrency as Dems cut up

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Congress prepares to debate cryptocurrency as Dems cut up



















Reside reporting

Protos Artwork USSenateHearing

The USA Home Committee on Monetary Companies and the Home Committee on Agriculture had been planning on having a joint listening to entitled “American Innovation and the Future of Digital Assets: A Blueprint for the 21st Century.”

The backdrop for this listening to is the items of cryptocurrency laws that the administration has promised, together with each stablecoin rules and market construction laws.

These payments had been beforehand anticipated inside the first 100 days.

Learn extra: Crypto Czar and Republican Congressmen hope for laws

Reporting has urged division among the many Democrats, a few of which can even intrude with the listening to, with Consultant Maxine Waters reportedly planning on objecting to the joint listening to, with issues concerning the president benefiting from his many cryptocurrency ventures. 

The Democrats intend maintain a separate listening to specializing in the 

Donald Trump, the US president and monetary fraudster, has falsely claimed he’s “not profiting” from $TRUMP coin, regardless of the proceeds from the sale being directed to a Trump-affiliated agency.

On the Republican listening to we anticipate to listen to from:

  • James Rathmell, the Basic Counsel for Haun Ventures
  • Alex Miller, the Chief Govt Officer for Hiro Programs
  • Daniel David, a associate at Katten
  • Greg Tusar, the Vice President of Institutional Product for Coinbase
  • Rostin Behnam, the previous Chairman of the US Commodity Futures Buying and selling Fee (CFTC)

Protos will replace this piece because the listening to progresses: 

Replace 2025-05-06 14:18 UTC: Corrected the names of committees concerned.

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