US Lawmakers Propose Crypto Trading Ban for Politicians
US Representative Ro Khanna plans to introduce a resolution today that would ban the President, their family, and members of Congress from trading cryptocurrencies or stocks.
Why Ro Khanna is Pushing This
He’s making this move after public outrage over President Donald Trump’s recent pardon of Binance founder Changpeng Zhao, or CZ. A lot of people see the pardon as just another example of corruption and conflict of interest in Washington.
Khanna’s office says he doesn’t just see this as a question of regulating crypto. He sees it as a problem with corruption when politicians hold power and invest in crypto at the same time.
Khanna has backed crypto innovation before, but he says lawmakers shouldn’t have any personal financial…
