U.S. lawmaker to introduce bill banning virtual asset trading by the president and members of Congress

Source
Uk Jin

Summary

  • It reported that a bill banning virtual asset trading by the president and members of Congress will be introduced in the United States.
  • It said that President Trump's pardon of Changpeng Zhao, the founder of Binance, was the trigger for the introduction of this bill.
  • It reported that allegations of a "political deal" and collusion with Binance have been raised, and that virtual asset market regulation may be strengthened in the future.

A law to block political figures in the United States from trading virtual assets (cryptocurrencies) is set to be introduced.

On the 28th (Korean time), according to the crypto-focused media BeInCrypto, Democratic Representative Ro Khanna appeared on MSNBC and criticized, "The president and his family are accumulating unprecedented wealth," adding, "This is corruption unfolding before our eyes, and the people must face reality."

Recently, President Donald Trump's pardon of Changpeng Zhao, the founder of Binance, served as the trigger. Last week, President Trump pardoned Changpeng Zhao, who had been convicted of violating the anti-money laundering law. Some have criticized this as "a political deal and collusion between the Trump camp and Binance."

Representative Khanna claimed, "An overseas billionaire was involved in money laundering and financing terrorist organizations, and President Trump pardoned him and, in return, is receiving support for the 'World Liberty' project."

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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