Recently, several representatives of the Democratic Party have strongly rejected a legislative proposal related to digital assets, citing ethical and political concerns surrounding what they have termed as Trump's "crypto corruption." This term refers to the perception that the former president and some of his allies are using the cryptocurrency industry to advance personal interests, possibly to the detriment of transparency and fair regulation of the sector.

The Democratic opposition has emphasized that any legislation on digital assets should be guided by principles of fairness, effective oversight, and consumer protection, rather than short-term partisan or economic interests. In this context, the critical stance towards current proposals reflects an effort to avoid repeating past mistakes and to ensure that the development of the crypto ecosystem aligns with democratic values and financial stability.

In this regard, Gurbir Grewal, director of the SEC's Division of Enforcement, stated: "I believe we will learn a lot from the progress we see in the coming days regarding stablecoins, concerning the appetite to really address all these issues on a timeline that resembles the one recently established by the White House and certain leaders in Congress." This statement underscores the importance of following a coherent and collaborative roadmap among institutions to responsibly regulate the cryptocurrency market, especially regarding stable assets, which play a key role in the infrastructure of the emerging digital financial system.

In summary, the current debate reflects the tension between the push for innovation in the financial sector and the urgent need to establish solid and equitable regulatory frameworks.