Democrats Raise Conflict of Interest Concerns Over Trump’s Bitcoin Ventures Amid Crypto Regulation Talks
The post Democrats Raise Conflict of Interest Concerns Over Trump’s Bitcoin Ventures Amid Crypto Regulation Talks appeared on BitcoinEthereumNews.com.
Concerns over potential conflicts of interest linked to President Trump’s crypto ventures are intensifying among Democratic lawmakers, threatening the progress of key cryptocurrency legislation in the US. Despite growing bipartisan support for comprehensive crypto regulations, unresolved ethical questions surrounding presidential involvement in the digital asset space have become a significant legislative hurdle. According to COINOTAG sources, Senator Adam Schiff’s newly introduced COIN Act aims to eliminate conflicts by restricting executive branch officials from endorsing or profiting from digital assets, signaling a firm stance on regulatory integrity. Democratic lawmakers push for stricter crypto regulations amid conflict of interest concerns tied to President Trump’s digital asset ventures, challenging bipartisan legislative efforts. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Democratic Lawmakers Intensify Efforts to Mitigate Crypto Conflict of Interest Risks The recent political discourse around cryptocurrency regulation in the United States has been overshadowed by concerns regarding President Donald Trump’s personal and familial involvement in crypto ventures. This issue has galvanized several Democratic senators to advocate for stronger safeguards against conflicts of interest within the executive branch. The introduction of the Curbing Officials’ Income and Nondisclosure (COIN) Act by Senator Adam Schiff marks a pivotal development in this regard. The bill proposes a clear prohibition on the president, their family members, and executive officials from issuing, endorsing, or financially benefiting from digital assets. This legislative move underscores the necessity of maintaining…
Filed under: News - @ June 28, 2025 12:21 am