Trump’s Pro-Crypto Stance Divides Congress Amid Ethical Concerns
Donald Trump’s recent embrace of cryptocurrency has created a political rift, contrasting sharply with the Biden administration’s cautious regulatory approach. The shift has galvanized digital asset enthusiasts while drawing scrutiny over potential conflicts of interest.
Ethical questions surfaced following revelations of Trump-linked memecoin ventures, including a $1.5 million dinner event tied to the token. Lawmakers expressed particular concern about foreign investor participation in these initiatives.
The controversy escalated when Republican operative Roger Stone clashed with Democratic Senator Mark Kelly over allegations that Trump was leveraging political influence for personal crypto gains. Stone’s defiant response on social media further polarized the debate.
