Crypto-regulation draft stalls as Democrats demand stronger ethics before Trump briefing
TL;DR Summary
Democrats say the updated crypto-regulation bill set to be released after a meeting with President Trump lacks robust ethics guardrails and won’t receive Senate Democratic support, signaling a tough path to passage as negotiations continue over the CFTC provisions and a vote before the August recess remains uncertain.
- Crypto regulatory text expected to be released Thursday does not have Senate Democrat support Politico
- Trump invested crypto gains in stocks and bonds, filings show Reuters
- Trump made $1.4bn from crypto in one year. Is Justin Sun the man that helped him do it? The Guardian
- Sen. Elizabeth Warren seeks new Trump crypto disclosures after $1.4 billion haul NBC News
- ‘OC’ actor Ben McKenzie urges Senate to vote down crypto bill The Hill
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