The post ‘Trump’s crypto con’ under fire with new Bill, hours before gala dinner appeared on BitcoinEthereumNews.com.

Trump hosts crypto dinner, reinforcing U.S. leadership in Bitcoin and digital assets. Maxine Waters proposes a bill banning crypto activities for top U.S. officials amid controversy. Donald Trump’s much-talked-about crypto dinner has finally taken place, drawing hundreds of high-profile guests from both political and financial circles. Held in Loudoun County, Virginia, 220 influential investors attended the gala.  Trump’s crypto claims — Fake or real? Ahead of the event, Trump took to Truth Social to reaffirm his pro-crypto stance, declaring that the United States is leading in Bitcoin [BTC] and digital assets, and that under his watch, it would stay that way. He said,  “Heading to the Crypto Dinner in Loudon County, Virginia, in a little while. The U.S.A. is DOMINATING in Crypto, Bitcoin, etc., and we are going to keep it that way!” Backing Trump’s assertive stance on American crypto dominance, recent data from Bitcoin Treasuries reveals that the United States holds the largest national stash of Bitcoin, approximately 198,012 BTC, surpassing China’s 190,000 BTC. These assets were primarily obtained through government seizures, but Trump aims to shift their strategic value. He has proposed establishing a U.S. Strategic Bitcoin Reserve, a move that would halt future government sales of seized BTC, contrasting sharply with the liquidation approach taken by previous administrations. Maxine Waters takes aim at Trump’s crypto ventures However, as Trump’s crypto dinner captured headlines, it also triggered a wave of political backlash. Just hours before the event, U.S. Representative Maxine Waters introduced the “Stop Trading, Retention, and Unfair Market Payoffs in Crypto Act of 2025”, aka “Stop TRUMP in Crypto Act.” The proposed law seeks to prohibit senior U.S. officials, such as the president, vice president, Congress members, and their families, from creating, holding, or promoting cryptocurrencies during their tenure. Waters emphasized that the bill is intended to…

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Filed under: News - @ May 23, 2025 11:21 pm