Democratic lawmakers in the United States have asked the Securities and Exchange Commission (SEC) to preserve records of correspondence from World Liberty Financial, a crypto business owned by Trump and his family. Due to the Trump family's business in cryptocurrencies, U.S. lawmakers are concerned about Trump's influence on regulators.
Texas House Democrats have introduced a bill that would authorize the state government to invest up to $250 million in bitcoin and up to $10 million per city and county.
With the further fermentation of the leaks of the US war plan group chat, two Democratic senators in the US Congress called on the 25th for the resignation of senior officials such as National Security Adviser Michael Waltz and Defense Secretary Pete Hegseth.
Several Democratic senators and aides said there would be enough Democratic votes to push for an end to debate on the "House-passed spending bill" in Friday morning's vote.
Gerald Connolly, the Democratic leader on the House Oversight and Government Reform Committee, has urged the US Treasury to halt plans to create a strategic cryptocurrency reserve after President Donald Trump pursued the creation of a national bitcoin reserve and a personal cryptocurrency reserve. In a letter to the Treasury Department on Thursday, the Virginia Democrat argued that there was a "clear conflict of interest" in Mr. Trump's push for a reserve fund.
On February 27, according to Cointelegraph quoting ABC News, California Democratic Representative Sam Liccardo is preparing to introduce the Modern Conflict of Interest and Malpractice Enforcement Act (MEME Act), which would prohibit government officials from profiting from digital assets. The law prohibits a wide range of government officials and their associates from issuing, sponsoring, or endorsing any securities, commodities, or digital assets, including the president, vice president, membe...
1. US Democratic Congressmen are calling for an ethics investigation into Trump's crypto project. 2. SAF: Has met with US Congressmen to discuss the "Bitcoin Strategic Reserve" proposal. 3. CryptoQuant: Since the launch of TRUMP, the total spot trading volume of centralized exchanges has reached $38 billion. 4. Goldman Sachs CEO: Goldman Sachs still cannot own, dominate or participate in Bitcoin. 5. BlackRock CEO: Bitcoin may reach $700,000 amid concerns about currency devaluation. 6. Standard C...
Gerry Connolly, the top Democrat on the House oversight committee, wrote to the committee's Republican chairperson a day after the start of Mr. Trump's new term demanding an investigation into the president's business ties. "The committee must take immediate action to investigate the serious conflicts of interest that Donald Trump has brought into the office of the president," he said in the letter.
The Democratic leader of the U.S. House Financial Services Committee, California Rep. Maxine Waters, echoed the concerns of many cryptocurrency users and lawmakers who have accused Trump of harming legitimate projects in the cryptocurrency industry with the launch of Meme. Waters said in a statement on Jan. 20 that Official Trump (TRUMP) represents "the worst of Crypto" and...
According to Politico, U.S. Senate Democrats are circulating a memo alleging that President-elect Trump's nominee for Treasury secretary, Scott Bessent, improperly declared nearly $2 million in lost tax revenue and owed nearly $1 million in taxes related to his hedge fund. This provides them with ready ammunition, as Bessent will appear before the Treasury Committee on Thursday for a hearing. (Kim Ten)
The Web3 Working Group of the Digital Society Promotion Headquarters of the Liberal Democratic Party of Japan held its second study meeting, focusing on the review of regulations related to cryptoassets (virtual currencies). The meeting discussed the different treatment of crypto assets and traditional securities in regulation, and explored the direction of future regulatory amendments. Participants believed that in addition to investor protection, it is also necessary to take into account the c...
On December 25th, according to Yonhap News Agency, according to data submitted by Lim Kwong-hyun, a member of the Democratic Party of Korea and a member of the National Assembly Planning and Finance Committee, as of the end of November, the number of digital asset investors in South Korea was 15.59 million, an increase of 610,000 from the end of October, more than 30% of the Korean population. The total amount of digital assets held is 102.60 trillion won (about 70 billion US dollars), and the d...
At the plenary meeting of the tax system committee and tax system research committee of the Liberal Democratic Party and Komeito Party of Japan, the outline of tax reform for fiscal year 2025 (Reiwa 7 years) was finalized. Takuya Hirai, the first digital minister of the Liberal Democratic Party, visited the Financial Services Agency and presented to the Financial Services Agency...
U.S. Democratic lawmakers have elected senior members of key committees for the 119th U.S. Congress, as the party prepares to become a minority party. California Rep. Maxine Waters will remain a senior member of the House Financial Services Committee until the new Congress is sworn in in 2025, the Democrats said in a Dec. 11 notice. It is reported that the House committee is responsible for legislation and policy affecting the financial services industry, including the cryptocurrency industry. R...
South Korea's largest opposition party, the Common Democratic Party, said on the 8th local time that on the morning of the 9th, it will launch a special inspection bill for the South Korean civil strife political situation and the judicial cases involved in Mrs. Yin Xiyue.