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US executive makes first Bitcoin purchase, short-term profits spark regulatory conflict of interest discussions
【Crypto World】A member of the U.S. House Financial Services Committee recently made their first foray into the cryptocurrency market, purchasing Bitcoin worth between $50,000 and $100,000. At the time of the transaction, Bitcoin’s price fluctuated between $84,436.31 and $89,412.66.
Interestingly, the current trading price of Bitcoin has risen to $90,268.43, and this lawmaker’s initial digital asset investment has already realized a paper profit.
However, this investment activity has attracted public attention. As a member of the House Digital Assets Subcommittee, the timing of their Bitcoin purchase coincides with the cryptocurrency-related legislation under review, prompting some observers to consider a sensitive issue: when regulators themselves participate in investing in crypto assets, is there a risk of conflicts of interest when formulating related policies?
Similar investment actions have also appeared within the committee, further amplifying this concern. As cryptocurrency regulation gradually becomes a mainstream topic, the relationship between policymakers’ personal investment decisions and their official duties warrants market vigilance.