Trump's Crypto Connections Influence U.S. Digital Asset Legislation

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Source: The Block
Trump's Crypto Connections Influence U.S. Digital Asset Legislation
Photo: The Block
TL;DR Summary

The House Financial Services Committee held a hearing on the Digital Asset Market Clarity Act (CLARITY), aiming to establish clear crypto regulations, but discussions were overshadowed by scrutiny of President Trump's involvement in crypto ventures, complicating bipartisan support and raising concerns about conflicts of interest.

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