Democrats are drawing closer to the crypto industry despite Trump divisions
WASHINGTON — As President Donald Trump builds a crypto empire — including hosting a private dinner with top investors at his golf club — Democrats have united in condemning what they call blatant corruption from the White House.
But the Democratic Party’s own relationship with the emerging crypto industry is far less cut and dried.
Work in the Republican-led Senate to legitimize cryptocurrency by adding guardrails has drawn backing from some Democrats, underscoring growing support for the industry in the party. But divisions have opened over the bill, with many demanding it prevent the Republican president and his family from directly profiting from cryptocurrency.
“I’m all on board with the idea of regulating crypto,” said…
