cryptocurrency, House and Trump
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Trump says crypto regulation bills that failed to advance earlier now have the votes to move forward
Republicans who voted against the cryptocurrency regulation legislation said they objected to how the bills were structured.
"These bills are a gift-wrapped invitation for Trump to continue his full-scale crypto con," warned Rep. Maxine Waters.
Trump showed a draft letter to fire Fed Chair Powell during a GOP crypto discussion, raising questions on presidential authority.
Voting in the U.S. House of Representatives on whether to open debate on several cryptocurrency bills bogged down on Wednesday, a day after President Donald Trump intervened to save the initiative. The bills would pave the way for digital assets to further integrate into traditional finance.