House Democrats staged a walkout during a digital assets hearing, protesting President Donald Trump’s involvement in crypto ventures. Led by Rep. Maxine Waters, Democrats criticized Trump’s $2.9 billion crypto dealings and his promotion of these ventures while in office. The hearing was intended to discuss a draft of the House’s market structure bill, which seeks to regulate digital assets. However, the focus shifted to Trump’s influence, with some Democrats arguing it undermines the credibility of the crypto industry.
— new from Decrypt
