House Committee Reviews Trump’s Crypto Activities and Regulatory Acts, Considering Potential Bitcoin Market Impacts
The post House Committee Reviews Trump’s Crypto Activities and Regulatory Acts, Considering Potential Bitcoin Market Impacts appeared on BitcoinEthereumNews.com.
The House Financial Services Committee recently convened to scrutinize former President Donald Trump’s involvement in cryptocurrency and evaluate the implications of the CLARITY Act on the U.S. crypto regulatory framework. This congressional review highlights significant shifts in regulatory oversight, aiming to enhance compliance and transparency within the digital asset market. According to a COINOTAG source, Representative Maxine Waters criticized the alleged exploitation of presidential power for crypto profits, emphasizing the necessity for robust regulatory safeguards. House committee probes Trump’s crypto ties and the CLARITY Act, signaling potential regulatory reforms that could reshape the U.S. cryptocurrency market landscape. ‘, ‘ 🚀 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); } })(); House Financial Services Committee’s Focus on Trump’s Crypto Activities and Regulatory Reform On June 8, 2025, the House Financial Services Committee, chaired by Representative French Hill and led by Maxine Waters, held a pivotal hearing in Washington, D.C., to examine former President Donald Trump’s alleged cryptocurrency dealings alongside the proposed CLARITY Act (HR 3633). The session aimed to address concerns about regulatory gaps and the potential misuse of presidential influence within the crypto sector. The committee’s review of the “Preventing Trump’s Participation in Cryptocurrency Act” (HR 3573) underscores a growing legislative effort to tighten oversight and establish clearer compliance standards across the industry. These developments reflect an increasing governmental commitment to mitigating risks associated with digital asset markets while fostering a more transparent regulatory…
Filed under: News - @ June 8, 2025 11:14 am