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Republicans criticize President Trump's cryptocurrency activities in an unprecedented move

2025/04/01CoinPost
Written by A.Yamada
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Republicans criticize President Trump's cryptocurrency activities in an unprecedented move
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  1. "Complicating the stablecoin bill debate"

"Complicating the stablecoin bill debate"

On March 31, House Financial Services Committee Chairman French Hill (Republican) said that President Donald Trump's cryptocurrency-related activities make discussions on regulation more complicated.

It is rare for a member of the Republican leadership to make critical remarks about the president's personal activities. The background to this is that Trump's cryptocurrency activities have become a target of criticism from Democratic lawmakers in the discussion of regulation.

Specifically, Hill said, "The meme coin activities (by the Trump family) and the consideration of issuing stable coins make our job more complicated...

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MAGAZINE

Iolite Vol.13

May 2025 issueReleased on 2025/03/28
Interview Iolite FACE vol.13 Joseph Lubin, co-founder of Ethereum and founder of Consensys PHOTO & INTERVIEW Yusuke Narita Features: "Dawnbreak Players 30: 30 Web 3.0 Players to Watch in 2025", "How to Use EXPO2025 DIGITAL WALLET", "The Global Controversy Over Meme Coins: What Happened in the U.S. and Argentina", "Finally, Technology Has Entered the Social Implementation Phase: Examples of Web 3.0 Use in an Era of Declining Population" Crypto Journey: Interview with Mohsin, a Popular Crypto YouTuber Special Series: Virtual Nishi: "Market Trends in Crypto Assets and Key Points to Interpret" Series: Tech and Future: Toshinao Sasaki, etc.