In response to President Donald Trump's pardon of Binance founder Changpeng Zhao, US Representative Ro Khanna is set to introduce legislation that would prohibit elected officials from owning or launching cryptocurrencies. Khanna accuses the pardon of enabling corruption and alleges financial ties between Zhao and the Trump family’s crypto ventures. The proposed bill aims to prevent conflicts of interest by requiring lawmakers to divest digital assets or place them in blind trusts, reflecting growing concern over the intersection of digital assets and political ethics. The move marks a significant step toward regulating crypto involvement in federal government affairs.
Continue to read US Congressman Proposes Ban on Politicians Owning Crypto Following Trump’s Pardon of Binance CEO
In response to President Donald Trump's pardon of Binance founder Changpeng Zhao, US Representative Ro Khanna is set to introduce legislation that would prohibit elected officials from owning or launching cryptocurrencies. Khanna accuses the pardon of enabling corruption and alleges financial ties between Zhao and the Trump family’s crypto ventures. The proposed bill aims to prevent conflicts of interest by requiring lawmakers to divest digital assets or place them in blind trusts, reflecting growing concern over the intersection of digital assets and political ethics. The move marks a significant step toward regulating crypto involvement in federal government affairs.
Continue to read US Congressman Proposes Ban on Politicians Owning Crypto Following Trump’s Pardon of Binance CEO
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