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    1. coinfeeds-bot on

      tldr; Senator Adam Schiff introduced the COIN Act to ban the president, vice president, and their families from profiting off cryptocurrencies while in office, citing ethical concerns over Trump’s crypto ventures. However, Schiff recently voted for the GENIUS Act, which exempts the president and vice president from similar restrictions. Critics have called out the inconsistency, noting the COIN Act is unlikely to pass. Trump’s crypto dealings, including stablecoins, remain a contentious issue in Congress.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

    2. Tipi_Tais_Sa_Da_Tay on

      It’s almost as if the bills are full of a bunch of fucking bullshit that actually benefit nobody normal in the long run and only the wealthy or those in power

    3. Secure-Window-5478 on

      This is because this is one of the „old school“ dems who like to make money off the system. He also paid for republican candidate Steve Garvey’s adds in senate race so he didn’t have to run against progressive candidate Katie Porter, who wanted to end congressional stock trading.

    4. Fuck this clickbait.

      The bill that Schiff voted for last week was a general stablecoin regulatory bill, i.e. the kind that clarifies how stablecoins should be treated, i.e. exactly what responsible investors have been wanting for half a decade.

      The new bill is about prohibiting politicians in general from personally creating/sponsoring cryptocurrencies.

      This is like complaining that a politician in the 1920s voted to legalize cars and also voted for a speed limit a week later. In other words, this is just crypto „journalism“ at its worst yet again. Decrypt probably bought a couple of seats at the $TRUMP dinner.

      EDIT: HAHAHAHA

      The OP u/GreedVault blocked me. Just goes to show what kind of „news“ this is.

      Show some spine and block and report this motherfucker’s misinformation

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