Sen. Gillibrand: No crypto bill without ethics provision amid President Trump’s ties through memecoins, World Liberty
The Block
Senator Kirsten Gillibrand insists that cryptocurrency legislation must include strict ethics provisions to prevent federal officials from profiting from the industry.Summary
Senator Kirsten Gillibrand has declared that comprehensive cryptocurrency market structure legislation will not proceed without the inclusion of mandatory ethics provisions. This stance responds to concerns regarding President Donald Trump and his family's significant financial involvement in crypto ventures, including memecoins and the World Liberty Financial project. Gillibrand emphasizes that Congress must prevent elected officials and senior administrators from leveraging their positions for personal gain in the digital asset space, labeling such protections essential to the industry's integrity.
(Source：The Block)