Senate Democrats require changes to Crypto-money legislation Pending at the Congress, responding in part to the growing evidence that the Trump family uses its links and the power of President Trump to take advantage of cryptographic trading.
The decline intensified at the end of last week after a closed-door meeting among the Democrats of the Senate in which Senator Chuck Schumer, the Democratic chief, told colleagues that they should not agree to vote for the so-called Genius act, A Bill supported by the cryptography industry.
For months, the bill seemed to slide towards the passage, with the support of the two parties, and it owed a procedural vote this week. But during the meeting, the Democrats of the Senate expressed their concern that the legislation benefits directly to the affairs of the Cryptography of the Trump family, citing the reports of the New York Times.
According to legislators, among the concerns that senators have raised that the crypto company affiliated with Trump, World Liberty Financial, recently concluded an agreement to take $ 2 billion in a capital funding capital fund supported by the government of Abu Dhabi, as the Times reported last week.
“This is a sale of influence, a conflict of interest, just a massive form of corruption which we have not witnessed,” said senator Jeff Merkley, Oregon Democrat, in an interview, echoing the comments he said that he had made during the meeting. “And it must be finished.”
