Waters urges legislation on Trump conflicts of interest… proposes legal virtual asset rules
Original headline워터스, 트럼프 이해충돌 입법 촉구…합법 가상자산 규칙 제안
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US Representative Maxine Waters called for legislation to curb President Donald Trump’s cryptocurrency-related conflicts of interest, alongside fair rules for legitimate digital-asset businesses, according to remarks reported by a Fox Business crypto reporter on X. Waters said rulemaking must also protect consumers, small businesses, community banks and the financial system. She had previously urged Congress to slow crypto bill consideration over potential conflicts from Trump’s crypto earnings, and now pairs that push with a call for anti-conflict legislation and workable rules for lawful operators. The intervention matters because it signals continued Democratic resistance to fast-tracking crypto market-structure legislation while Trump’s digital-asset ventures remain under scrutiny. What to watch next is whether House leaders tie conflict-of-interest provisions to pending crypto bills and how that affects the timeline for market-structure and stablecoin legislation.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
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Maxine Waters, Donald Trump, US Congress