"When power and money collide in the cryptocurrency market, it is bound to create chaos!" — Just today, Pennsylvania Democratic lawmaker Ben Waxman dropped a deep-water bomb, directly targeting the President in the White House who loves to trade cryptocurrencies! According to the latest exposure of the HB1812 bill, U.S. public officials will be completely banned from trading cryptocurrencies, clearly aimed at Trump’s 'Cryptocurrency Empire'!
Explosive news! Pennsylvania Democratic lawmaker Ben Waxman suddenly threw out the HB1812 bill, demanding a complete ban on public officials trading cryptocurrencies while in office! The target is Trump, accusing him of making a fortune through the Meme coin TRUMP and pushing for federal deregulation to provide a 'backdoor' for cryptocurrency interest groups! What's even more explosive is that the bill has been co-sponsored by 8 Democratic lawmakers, making it highly charged politically!
Short-term impact is inevitable! As soon as the news broke, the market reacted sharply. Trump-related coin TRUMP plummeted 15% in the short term, with over $200 million in liquidations across the network! The market is worried that if more states follow suit, U.S. cryptocurrency regulation will enter a 'high-pressure era', and institutional funds may urgently withdraw, putting mainstream coins like BTC and ETH under new selling pressure!
But in the long term, it could be a positive? The financial month believes that if the bill passes, it may actually purify the market! Banning officials from trading cryptocurrencies can reduce insider trading and the transfer of interests, making the cryptocurrency market more transparent! Don't forget, after China banned officials from trading stocks, the A-shares actually entered a long bull market! If the cryptocurrency circle wants to be truly recognized by the mainstream, it must cut off the tumor of 'rent-seeking'!
The ultimate game has just begun! The Trump team has stated they will 'counterattack', and the Republican Party is likely to support cryptocurrency freedom. This political battle could determine the fate of the cryptocurrency world in 2025! Will it be a total ban or wild growth?
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