Transparency in Question as Texas Lawmaker Delays Crypto Disclosure
The post Transparency in Question as Texas Lawmaker Delays Crypto Disclosure appeared on BitcoinEthereumNews.com.
A Texas lawmaker didn’t report a big Bitcoin buy on time, and now people are questioning whether he’s being upfront. The whole situation is pushing for tougher rules on financial disclosures, especially as Texas leans harder into crypto. A Texas state rep is under fire after blowing the deadline to report a major Bitcoin investment, and people aren’t letting it slide. The late disclosure has sparked real concern, especially with Texas trying to brand itself as a serious player in the crypto scene. With the state leaning hard into blockchain and digital assets, this kind of slip-up feels like more than just a paperwork error. It’s got folks questioning how much trust they can really put in elected officials when they’re not being straight about their own crypto moves. The lack of transparency here is making people wonder if the lawmaker crossed a line, especially when it comes to ethics and whether their own crypto bag might’ve swayed how they voted or shaped policy. That kind of worry hits harder knowing they might’ve had a hand in pushing or voting on crypto-related bills. It’s not just about missing a deadline—it’s about whether personal gains were put ahead of the public’s trust. Texas has really carved out a name for itself in the crypto world, especially with moves like House Bill 1666, which makes exchanges keep enough reserves to match what their users deposit. It’s a no-nonsense approach that’s meant to keep people from getting burned and to make sure digital assets are being used the right way. Because of that, there’s this unspoken expectation that lawmakers stay all the way transparent—no shortcuts, no shady stuff—especially if they’re helping shape the rules everyone else has to follow. Conflict of Interest Concerns The lawmaker blowing off the disclosure rules isn’t just some…
Filed under: News - @ June 3, 2025 2:28 pm