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Trump Family's Crypto 'Conflicts Of Interest' Are Coming In The Way Of Law Meant To Regulate Digital Assets, Says Gregory Meeks

  • On Friday, The New York Times revealed that He Tianying, a Chinese business leader connected to a Communist Party-affiliated advisory group, obtained exclusive entry to a cryptocurrency event hosted by Trump as well as a guided tour inside the White House.
  • This event followed arrangements by Trump’s business partners to sell memecoin access, drawing criticism over conflicts of interest and weak background checks amid concerns about Chinese influence.
  • Democrats, Republicans, and government watchdogs criticized the dinner for blurring the line between Trump’s political role and personal profit, while a senior White House official called the incident "unfortunate."
  • He Tianying purchased $3.7 million in memecoin and wore a gold wristband on the tour, raising national security and ethics questions as the administration previously voiced alarms about Chinese visitors but allowed this access.
  • This controversy contributes to political tension that complicates the House Financial Services Committee’s efforts to pass the 236-page Digital Asset Market Clarity Act amid partisan debate over crypto regulation and Trump’s crypto ties.
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The largest financial position in the world has passed in a matter of months of denying cryptocurrencies to become the international capital of digital assets thanks to the favor of the president of the United States. Read

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TokenPost broke the news in on Wednesday, June 4, 2025.
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