2026-07-23 17:04 UTC
Though Republicans and the crypto industry presented the latest draft crypto bill as a viable option after months of disagreements, even the crypto-friendliest Democrats have are opposing its toothless ethics provision that would not meaningfully impact the President’s crypto grift.
#crypto #cryptocurrency #USpol #USpolitics #CitationNeededNewsletter
Replies (1)
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@molly0xfff@hachyderm.io 2026-07-23 17:04
Ethics enforcement would be left to a DOJ that has shown no appetite for reining in Trump’s corruption. The provision would expire in 2029, and explicitly bars retroactive enforcement against Trump. Any fine is capped at $500k: less than 0.04% of what the President brought in from crypto last year. #crypto #cryptocurrency #USpol #USpolitics #CitationNeededNewsletter