Congress prepares to debate cryptocurrency as Dems cut up
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The USA Home Committee on Monetary Providers and the Home Committee on Agriculture have 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 laws and market construction laws.
These payments have been beforehand anticipated inside the first 100 days.
Reporting has prompt 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 considerations concerning the president cashing in on 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 Government Officer for Hiro Programs
Daniel David, a companion 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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