DC Crypto Summit Erupts in Tensions Over Political Allegiances
Tensions flared at Wednesday's Senate roundtable as crypto CEOs clashed with Democratic lawmakers over perceived Republican alliances. Senator Ruben Gallego's explosive remark—"Don't be an arm of the Republican Party"—highlighted growing partisan rifts in digital asset regulation.
The Market Structure bill discussions revealed bipartisan urgency, with senators vowing "no slow walking" despite disagreements. Banking advocates seized the moment to push stricter stablecoin oversight, signaling regulatory headwinds ahead for the industry.