Top US Politician Defends Trump’s Crypto Meeting, Sparking Regulatory Debate

A recent dinner gathering hosted by former President Donald Trump and FTX founder Sam Bankman-Fried has ignited debate in the U.S., with both political parties raising concerns about potential conflicts of interest and the future of cryptocurrency policy. House Speaker Kevin McCarthy downplayed the event’s significance, characterizing it as a fundraising affair, while Democratic lawmakers remain skeptical about transparency and policy implications. Amid calls for greater regulatory clarity in the crypto space following recent scandals like FTX’s collapse, questions arise regarding the influence of such gatherings on future regulations.