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Kent Nishimura | Reuters
President Donald Trump When he crosses Crypto legislation, he stands in his way.
This week deputies were rejected The genius action – President Trump’s Private Cripping Enterprises a bill designed to create federal rules for concerns about an unprecedented interest clash.
“Currently, people who want to prestigate with the President can personally enrich or control it personally” Late. Jeff MasteryleyIn a statement to the CNBC, the D-Ore told the bill. “This is a deeply disturbed scheme. This poses our national security and contains public confidence in the government.”
Stablecoins is a digital currency that adhesions to the value of other assets such as US dollars.
Gaining something in the Congress, taking into account the elephant majority of the razor in the homeland, is a steep battle for Philibuster-proven demand and democrats against the Democratic Agenda’s agenda. However, enough Democrats turned out to be on board with a Stablecoin law for a rare bipartisan for the president.
Until you reach this way until you go to dollars.
President the same cornerIn January, he started his coffins before the start of the inauguration and added billions of paper. The cost of last month after the project has increased propaganda The ball offers a dinner with the president and the VIP White House Tour, which introduced $ Trump owners. Senate Richard BlumenthalD-Conn., Called the “Play-Play-for-Play Scheme”. First Lady Melania Trump There is also a coin.
Genius Bill could not be advanced in the Senate on Thursday. Needed 60 votes to move to the Senate floor for the final passage. Final Tally was against 48 in favor and 49. Three senators did not vote.
Previously, the Senate Democrats opened the “Next Crypto Corruption Law”, which began by the leader of Merkley and Minorities Liver New York, selected officials and high executive authorities were to prohibit the staff and their families to provide digital assets.
However, the main shortcomings of Stablecoin legislation came last weekend when the Nine Senate Democratic Group – had previously voted for the bill in the Committee – He said they called him to support him and “against money laundering, foreign issuers and national security” to apply for more powerful provisions.
‘Ongoing self-employed’
Delaware was one of the Delawester of Lisa Blunt Delaware. Directly pointed out Trump’s financial activities.
“I am concerned about a conflict of self-harm and material conflict that something writes in the announcement on Thursday.”
It’s not just about Trump and $ melania meme coins. Founded last year, Trump Family Crypto Venture launched Stablecoin as last year and accused the administration’s digital assets.
Reports stated that Abu Dhabi Based MGX Using Trump’s Stablecoin for $ 2 billion in investment in Crumpo Exchange Binance, a more potential conflict of interest for the seating president.
The Crypto industry produces a great obstacle to some investors and entrepreneurs to follow the privatization of the President. After years of failures during the Biden administration, Crypto Lobby became a strong force Financing the Trump’s 2024 campaign and successfully supporting candidates for the congress.
“This is a failure to achieve personal work on a good policy.” “I would hope that everyone in the leadership, including the President, is going on a good policy.”
The White House did not respond to a request for comment. At a press conference on Friday, the White House spokesman Karolin Leavitt said, “All interest rates are remained by conflicts,” he said about Meme coin dinner.
“The President is a successful business man and I think that people are one of the many reasons why people choose the office,” Leavitt said.
Including a number of top democrats, including Massachusetts of Senator Elizabeth Warren and Kirsten Gillibrand, attended the parade of critics targeting President Trump’s personal work. GILLIBRAND Helped to present Genius acts earlier this year, but this week he said the “a number of issues that the bill could pass the Senate”.
“I believe that the future of the US economy is important for the future and everyday Americans, we apply hard stablecoin rules and consumer protectors that no one is available,” Gillibland said. “I’m extremely confident and hope that we can finish the work soon.”
Blumyhal called for an investigation into Trump-related coins, demanding the financial records of world freedoms, called the President’s “investigation” to attempt competitions to prepare the value of the White House $ Trump.
Ruben supported D-Arizona, D-Arizona, genius, but said that Republicans could not move forward this week after providing more time for negotiations.
“At least without wasting more time to finish the bill, he did not have a true bipartis, which is true.”
Launchpad’s Gilbert said that the genius movement was only the first piece. The more broad, the presidential conflicts may affect other legislative achievements and regulatory efforts, as well as the hopes of the world’s cryptic industry.
“We will have the world’s laughing resources for this special reason, and this will leave sustainable investment and updates.” “There was hope in the last six months that we could lead in the United States and should be poured into business related to investment cryptois and then it will be more simpler and more to invest in crypto.”
But he said, “If the genius does not move, we returned to one of the square.”
Follow: About 25% artery for the best week in four years – CNBC CRYPTO WORLD
