The Democrats House leaves the CRIPTO hearing, stating Trump ‘CRIPTO CORRUPT’

A high-profile hearing on CRIPTO Regulation received testing on Tuesday after the Democrats House, which led the tail. Maxine Waters went out in protest over the involvement of President Donald Trump in Kriptou.

Wrist hearing – Financial services and agricultural committees have been organized – they were to discuss the new draft law on market structure, which would share the supervision of digital assets between the Securities Commission and the exchange of the Commission for Trade and Commission.

But for a moment the debate on regulatory frameworks was interrupted and marked by political tension.

The water, the ranking of the financial service board, formally objected to the hearing in its beginning.

“I complain to this joint hearing due to the corruption of the president of the United States and its ownership of the crypt and its supervision of all agencies” she said During the session before exiting other democratic members.

During heating, water was “insisted on complaint,” stating suspicious ties between Trump and the CRIPTO industry.

Partisan concern about crypto

Walkout followed the water Warning earlier Until the Chairman of the Committee French hill that will oppose the sessions, unless republican lawmakers agree to include a language dealing with Trump financial connections for crypto.

In the last months, these connections increased supervision, with Trump and his wife, Melania, launching his memecoins and pro-trump financial group, world free financial, reveal Stablecoin.

Abdomen also held Dinner for collecting funds for crypto on Monday night, with prices, how to report, reaches 1.5 million dollars per tile.

The hill responded to defend the courtyard nature of legislative effort, saying that the new draft “Universal requirements” sets universal requirements for publishers of all stripes “and should not be distinguished by political disputes, according to political.

Democrats against genius

Democrats also expressed concern about Genius ACT, a The proposed attitude for stablecoin which targets To set federal standards for issuing and conformity. Over the weekend, several democratic senators, including Mark Warner and Raphael Varnock, Marked questions As the need for stronger rules of money laundering and stricter surveillance of foreign publishers.

Waters reportedly plan a separate “shadow hearing” to point out what she sees as a conflict of interest around Trump cryptological activities.

The joint hearing in the house requires a unanimous consent, but the hearing is still going at the time of writing.