Several Democratic lawmakers have said that they will not vote to pass crypto regulations if potential conflicts of interest are not addressed.
US President Donald Trump didn’t answer a reporter’s question on whether he would divest from his family’s crypto ventures in order to ensure passage of key cryptocurrency legislation, saying only that if the US didn’t have crypto, China or other countries would.
“Many Democrats have said that they are not going to support crypto bills in Congress only because of you and your family’s personal crypto ventures,” a reporter said to Trump during press briefing at the White House on Friday.
Asked whether he would consider divesting from his crypto ventures to ease political pressure on digital asset bills on Congress, Trump responded:
