🏛️ Trump’s $2B Crypto Deal Sparks Political Firestorm

A $2 billion cryptocurrency deal involving former President Donald Trump’s family and a foreign government has ignited intense political backlash in Congress. Senate Democrats have introduced the End Crypto Corruption Act, aiming to prohibit presidents, lawmakers, and their families from engaging in cryptocurrency activities. This move follows revelations about Trump’s family’s involvement in a stablecoin transaction with a Dubai firm and earnings from a meme coin contest. Critics argue these ventures pose conflicts of interest and national security risks. Trump denies wrongdoing, asserting his crypto ventures began before his presidency. The controversy threatens bipartisan efforts to pass stablecoin legislation. Rep. Maxine Waters led a walkout during a House crypto regulation hearing in protest. The industry, however, has welcomed Trump’s increasing involvement, viewing it as a shift from the previous administration’s stance