Donald Trump Faces Crypto Scrutiny

U.S. President Donald Trump is slated to host top investors in his meme coin, $TRUMP, at an exclusive gala dinner in Washington, D.C., on May 22.

Critics argue that the event may be unethical as foreign influences may be able to buy Trump’s favor by purchasing sweeping amounts of the coin.

Meanwhile, the GENIUS Act is expected to face a full Senate vote sometime after Memorial Day.