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The U.S. Senate voted 46-54 to reject the "Anti-Crypto Corruption Amendment"
According to Golden Finance, the U.S. Senate rejected an anti-crypto corruption amendment with a vote of 46 in favor and 54 against. This amendment was proposed by Senator Jeff Merkley and aimed to prohibit elected officials from using their power to seek improper benefits in the crypto assets field.
The main goal of the amendment was to prevent public officials from obtaining "unfair gains" by promoting specific crypto assets or achieving self-interest through "crypto asset programs." Specific measures included prohibiting officials from publicly promoting specific crypto assets, strengthening disclosure requirements for holding coins, restricting trading of crypto assets during their term, and preventing conflicts of interest.
Senator Merkley stated on social media X that the failure of the amendment was mainly due to opposition from Republicans.
At 21:30 tonight, Federal Reserve Chairman Powell will lead the governors of major global central banks in a panel discussion at the European Central Bank's Central Bank Forum. With external pressure from Trump increasing and internal opinions on interest rate cuts diverging, will Powell once again present a balanced approach? What are the key issues to be addressed at the forum? Click to see...
Musk also threatened to print their faces on posters with the words "Liars" and "Vote to support America increasing its debt by $5 trillion."