On May 21, Representative Tom Emmer announced the reintroduction of the Blockchain Regulatory Certainty Act to distinguish digital asset developers from money transmitters not holding consumer funds. The bill sees support from Ritchie Torres, showing a collaborative Congress effort amid ongoing concerns regarding Trump’s crypto ties.
Democratic lawmakers, including Maxine Waters, aim to halt crypto legislation until Trump’s industry connections are resolved. His planned dinner for significant memecoin holders raises further controversy, complicating the legislative environment for blockchain and crypto-related bills.
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