Democrats Draw a Red Line on Crypto Ethics

[johnblockbuster]

Several Democratic senators are pushing back against the Republican-led Responsible Financial Innovation Act, demanding strict conflict-of-interest guardrails before supporting the bill. According to Punchbowl News, lawmakers including Adam Schiff and Ruben Gallego want provisions that would prevent public officials — including Donald Trump — from profiting off ties to crypto companies.

Gallego called the ethics issue a “red line,” warning that without safeguards, the bill may not have enough votes to pass.

[cryptobro]

every crypto bill somehow turns into an ethics fight and not even a surprising one