A Bitcoin Buy That Turned Heads in Congress

[johnblockbuster]

Byron Donalds disclosed a purchase of up to $100,000 in Bitcoin this week, immediately drawing attention because of his seat on the House Subcommittee on Digital Assets. That committee plays a central role in shaping US crypto regulation, making the timing of the investment particularly notable amid heightened scrutiny of congressional trading activity.

While no wrongdoing has been alleged, the move has reignited debate over whether lawmakers with early access to regulatory discussions should be allowed to trade assets tied to their policy work. For crypto markets, the purchase has also been read as a subtle vote of confidence from a lawmaker deeply involved in digital asset legislation.

[cryptohog]

even if it’s a “vote of confidence,” this is exactly why people don’t trust congress trading