Patrick Witt, crypto adviser to Donald Trump, accused Democrats of weaponizing Trump's crypto ties following the Clarity Act's defeat.
Senator Cynthia Lummis stated that the crypto industry should "pin it on the Democrats" for the Clarity Act's failure, citing their "visceral hatred for Donald Trump."
US House Democrats are questioning tax exemptions for cryptocurrency staking and mining, with party leadership suggesting a delay until after the midterms.
US Comptroller Jonathan Gould stated that only Democrats are pressuring his office concerning crypto trust charters, raising questions about political influence.