Cryptocurrencies
Congress Members Tiptoeing Into Crypto Raise Conflict Concerns
- 21 members of Congress, family traded crypto-related assets
- Grayscale funds, Coinbase among reported investments
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As efforts to regulate the rapidly-growing cryptocurrency market increase, some observers are raising concern about the rising number of U.S. lawmakers beginning to dabble in digital assets.
Current members of Congress bought and sold an estimated $1.8 million worth of crypto-related investments since the beginning of 2021, according to an analysis conducted by data provider 2iQ Research. The amount is based on the midpoint of dollar ranges reported by lawmakers in public disclosures.