In brief
- The California lawmaker announced plans to ban elected officials from owning or creating cryptocurrencies, calling it a response to corruption concerns.
- Khanna linked the proposal to President Trump’s pardon of Binance founder Changpeng Zhao, which he described as “blatant corruption.”
- He previously authored the 2023 Ban Congressional Stock Trading Act, aimed at preventing lawmakers from trading individual equities.
Representative Ro Khanna (D-Calif.) announced Monday he is introducing legislation to ban elected officials from owning or creating cryptocurrencies.
Speaking in an interview on MSNBC’s Morning Joe, republished on the legislator’s official YouTube channel on Monday evening, Khanna remarked on President Donald Trump’s pardon of Binance founder Changpeng Zhao.
“This is blatant corruption. You don’t need to know a lot about cryptocurrency to understand what went on here. You’ve got a foreign billionaire who was basically engaged in money laundering, having money go to Hamas, having money go to Iran, having money go to
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Author: Vince Dioquino
