Image: Sky news
U.S. Senate Democrats are trying to ban politicians, including former President Donald Trump, from creating or promoting cryptocurrencies. They introduced a bill called the End Crypto Corruption Act, arguing that Trump’s involvement in crypto is corrupt and could threaten national security.
A report claims that crypto now makes up about 40% of Trump’s estimated $2.9 billion net worth. This controversy is also affecting other efforts to regulate digital currencies in the Senate.