Representative Maxine Waters, the top Democrat on the House Financial Services Committee, says the US should curb corruption linked to President Donald Trump's crypto activities and set a strict but fair framework for legitimate crypto firms. She also called for consumer and small-business safeguards.
The story so far: Trump-linked crypto firms hire lawyers and lobbyists
Crypto, venture and prediction-market firms tied to Trump and his family are hiring lawyers and lobbyists ahead of possible congressional investigations by Democrats. Democrats plan an in-depth probe of Trump's crypto businesses. Maxine Waters now calls for legislation to stop Trump's crypto conflicts of interest.
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Maxine Waters says US needs strict, fair crypto rules
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