Donald Trump's digital asset advisor Patrick Witt stated that the White House will not accept any provisions in cryptocurrency market structure legislation targeting the President himself or his family, explicitly viewing such "anti-corruption" or ethical restrictions as an insurmountable red line. Negotiations on the relevant Senate legislation are still ongoing, with the Democratic side demanding restrictions on senior government officials and their families profiting from the crypto industry, becoming one of the main points of disagreement. (CoinDesk)
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Donald Trump's digital asset advisor Patrick Witt stated that the White House will not accept any provisions in cryptocurrency market structure legislation targeting the President himself or his family, explicitly viewing such "anti-corruption" or ethical restrictions as an insurmountable red line. Negotiations on the relevant Senate legislation are still ongoing, with the Democratic side demanding restrictions on senior government officials and their families profiting from the crypto industry, becoming one of the main points of disagreement. (CoinDesk)