Democrats, Republicans hold dueling crypto roundtables as clashes over Trump’s role mount

Description

House Democrats and Republicans physically splintered Tuesday, holding separate meetings on cryptocurrency regulation as President Donald Trump's digital asset involvement creates palpable tension.

Authors

Sarah Wynn

Publish date

May 6, 2025

Publisher

The Block

Web URL

https://www.theblock.co/post/353320/democrats-republicans-hold-dueling-crypto-roundtables-as-trumps-role-fuels-tensions

Referenced by

House Democrats boycott joint crypto market hearing

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"We're approaching it in a fresh way and this roundtable is essential to getting new views on how to go in a different direction," he said. "To my friends on the other side of the aisle, our doors are always open."

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House Financial Services Committee member Rep. French Hill, R-Ark. pointed to prior years' work to pass a crypto market structure bill, dubbed FIT 21, that garnered support from 71 Democrats. That bill is a "precursor" to their ongoing work, Hill said.

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