In brief
- A Trump-linked crypto wallet took center stage on Capitol Hill during a House Financial Services Committee hearing.
- The timing of the announcement mirrored the president’s support of a private dinner for $TRUMP holders last month.
- A former chair of the Commodity Futures Trading Commission said Trump’s crypto ventures cannot be ignored.
Crypto products backed by U.S. President Donald Trump are making it difficult for lawmakers to have a productive dialogue on regulating digital assets, Rep. Maxine Waters (D-CA), the ranking Democrat on the House Financial Services Committee, said on Wednesday.
“Trump doesn’t just want Americans to use his crypto,” she said, referring to the president’s Solana-based meme coin. “He wants to…
Jun 06 2025
