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Reading: Is chaos coming? Crypto money letter to democrats to US institutions
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EdaFace Newsfeed > Latest News > Regulations, Law & Policy > Is chaos coming? Crypto money letter to democrats to US institutions
Regulations, Law & Policy

Is chaos coming? Crypto money letter to democrats to US institutions

vitalclick
Last updated: March 28, 2025 6:44 pm
2 months ago
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Despite the loss of the elections, the hostility of crypto money continues. Crypto Coins It is not known to what extent in the last elections it was, but Trump has a role in his victory. Trump also keeps his promises. However, in doing so, it enables him and his family to earn more money.

Crypto money objection to TrumpWill there be chaos?

Crypto money objection to Trump

Senator Elizabeth Warren He wrote a total of 5 democratic letters, including and warned US regulators about what’s up to approach. Trump And Warren and his supporters, who say that their family is in the midst of a great conflict of interest, say that the state should supervise these crypto projects.

It is not unfair from an impartial perspective. Trump and his wife’s breast coin, WLFI Crypto companies that only buy tokens for advertising and marketing. Or Justin Sun, who was charged with fraud charges against tens of millions of dollars?

Michelle Bowman, Vice President of the Federal Reserve, and the Currency auditor Rodney Hood, the letter sent to the Current Rodney Hood, discusses the crypto project World Liberty Financial and Stablecoini that the company plans to launch this week.

Will there be chaos?

When Trump decides on any matter, he may not be able to put it into force without any problems. The judiciary can cancel or restrict these decisions. In the past months, Elon Musk judges had also made a reaction to sharing in the style that they could dismiss. If this conflict of interest turns into chaos and moves to the judiciary, Trump may have to stay away from crypto.

Speaking of judgment Crypto Coins The process of creating a law continues. The legal framework will be created for the USD1 and other stablecoins, where Trump’s WLFI initiative is preparing to start and tested. The House of Representatives and the Senate are working on 2 different stablecoin regulations. The Senate Banking Committee approved the Genius law with the support of five democrats with 18-6 votes and sent it to the general approval of the Senate.

Trump wants the law to come to his desk for the last signature until August (before the holiday). It seems that the anti -crypto block within the democrats will try to prevent Trump in this process. The possible judicial process should be seen as an important risk as it can cause serious pressure on crypto currencies.

Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

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