House Financial Services Committee to Probe Bitcoin-Related “Crypto Crimes” in June 8 MWI Hearing

On June 8th at 9:00 am ET, the House Financial Services Committee, chaired by Maxine Waters, will convene a Minority and Women Inclusion (MWI) hearing to scrutinize allegations related to former President Trump’s involvement in cryptocurrency. The session aims to evaluate legislative measures, including the Preventing Trump’s Participation in Cryptocurrency Act (HR 3573), alongside regulatory challenges posed by the CLARITY Act (HR 3633). This hearing underscores growing congressional attention on crypto governance and compliance risks, reflecting heightened oversight in the digital asset sector. Market participants and policymakers will closely monitor outcomes, as the discussions could influence future regulatory frameworks and enforcement strategies within the cryptocurrency industry.