Five senators are calling for committee hearings to investigate if US President Donald Trump's policies are being influenced by crypto funding from UAE-linked entities.
Senate Democrats are pushing for hearings into a $500 million investment by UAE officials in Donald Trump's crypto venture, World Liberty Financial.
A significant investment from a crypto PAC led to the primary victory of Alabama candidate Barry Moore, signaling growing political influence for the digital asset industry.
Crypto-aligned PACs spent $3.5 million on media buys, helping nearly a dozen candidates win primaries or advance to general elections across three U.S. states.