According to crypto journalist Eleanor Terrett, the House Financial Services Committee, headed by Maxine Waters, will hold a Minority Day hearing at 9:00 a.m. ET to further examine what they call President Trump's "crypto crimes" and assess the broader risks posed by the CLARITY Act. Key topics include the Stop Trump from Engaging in Cryptocurrency Act (HR 3573), as well as regulatory issues surrounding the CLARITY Act (HR 3633).
On June 7 local time, US President Trump said that if Tesla and SpaceX CEO Elon Musk funded Democratic candidates who opposed the Republican budget, they would face "very serious consequences". Trump said: "...
Democratic staffers in the U.S. House of Representatives on Tuesday accused the SEC (Securities and Exchange Commission) of refusing to provide it with key technical analysis of the CLARITY Act crypto bill in a political maneuver, while providing relevant information to Republicans. The bill would create a regulatory framework for the U.S. crypto industry and rewrite parts of securities law. Democrats are concerned that the bill could go beyond crypto, have a significant impact on traditional se...
US Democratic Senator Warren: Agree with Trump on the debt ceiling and pass a bipartisan bill to get rid of the debt ceiling forever.
According to the Guardian, Jamie Raskin, the Democratic leader of the U.S. House Judiciary Committee, has called for an investigation into a private dinner Trump hosted last week for large holders of $TRUMP tokens. Mr. Raskin said the dinner, about half of which the Washington Post analysed, was from overseas, could violate a constitutional provision that prohibits federal officials from accepting gifts from foreign governments without congressional permission.
According to Cointelegraph, McHenry, the former chairperson of the House Finance Committee, said that more Democrats are joining the Cryptocurrency Market Structure Act and an update is expected soon.
Leading Democratic members of the U.S. House of Representatives sent a letter to the Treasury Department on Wednesday asking its anti-money laundering watchdog to provide all suspicious activity reports (SARs) related to Trump's crypto projects. They allege that Trump and his team may have abused their office to benefit crypto businesses, particularly involving Trump's blockchain projects World Liberty Financial and $TRUMP Memecoin. The letter mentions that Democratic members are demanding a rev...
The Democratic Party of Korea (DPK) said it is currently working on a cryptocurrency policy agenda and will announce details later. The DPK revealed the news during a press conference to introduce 10 policy initiatives for the upcoming presidential election. Democratic presidential candidate Lee Jae-myung has previously promised to promote the listing of spot crypto ETFs and reduce digital asset trading fees.
Twenty Democratic senators in the United States have jointly proposed the "End Crypto Corruption Act of 2025" (the Chinese name is "End Crypto Corruption Act of 2025"), which would prohibit the president, vice president, members of Congress, cabinet members and their spouses and children from issuing or promoting cryptocurrencies and cryptocurrencies.
According to Bloomberg, some Democratic candidates in the New Jersey gubernatorial race are embracing cryptocurrencies, a strategy that helped Trump run for US president. At least half of the six Democratic candidates have supported cryptocurrency-related work, including US Congressman Mikie Sherrill, who led some polls in the primary. Sherrill publicly stated: "The crypto economy is not going away, we need to...
The top Democrat on the U.S. House Financial Services Committee, Rep. Maxine Waters, will block a joint hearing between her committee and the House Agriculture Committee on a market structure discussion draft bill released Monday. According to House rules, all participants in a joint hearing must agree unanimously before it can proceed. According to CoinDesk, a Democratic staffer said Waters would oppose the...
Thirteen Democratic members of the U.S. Senate sent a letter to President Trump on Friday (2nd), expressing concern that American entrepreneur Musk may have used his government position as a senior White House adviser to facilitate overseas transactions of his business projects "for personal gain" and calling for an investigation. (Jin Ten)
Alex Thorn, head of research at Galaxy Digital, said in an X post that nine Senate Democrats, six of whom are members of the Senate banking committee, have expressed opposition to the current version of the GENIUS bill (Senate stablecoin bill). The group said they "cannot vote to end debate" if the current version of the bill goes to the full Senate for a vote. It is worth noting that four signatories (Senators Rochester, Warner, King, and Gallego) previously voted in favor of the bill in March.
Faced with the shrinking US economy, the Democrats immediately launched a fierce offensive: Trump's governance "went straight to bankruptcy". Click to view...