Crypto industry advisers were keen to push ahead with legislation at a meeting with lawmakers Wednesday but shied away from one topic: President Donald Trump’s meme coin launch and digital asset ventures.
All agreed that regulating the fast-moving space was necessary but when pressed at a U.S. House Financial Services Committee on Trump’s potential conflicts of interest, speakers were quick to skirt the issue.
The hearing aimed to clarify regulatory and other issues related to the burgeoning digital assets industry. But questioning from Democratic and more pro-crypto Republicans reflected the differing attitudes toward crypto between the two major U.S. parties. Democrats took particular issue with Trump’s personal crypto…
May 14 2025
