The U.S. political arena is engulfed in intense debate over the Trump family's encryption currency business, with Democrats and Republicans sharply at odds on regulatory issues.

The bill proposed by the Democratic Party directly targets the Trump family, asserting that the president and his family should not be involved in the encryption currency field. The bill specifically criticizes the USD1 stablecoin and TRUMP coin launched by Donald Trump Jr., labeling them as speculative instruments. Congresswoman Waters took a tough stance, expressing her opposition to such projects in strong terms.

At the same time, the Republican Party introduced the "Clarity Act," attempting to clarify the division of responsibilities between the SEC and CFTC in the regulation of encryption currencies, claiming that this move is to maintain the United States' leading position in the encryption currency field. However, the Democrats believe this is merely to create regulatory loopholes for the Trump family, with Congresswoman Waters strongly opposing it, leading to a tense atmosphere in Congressional discussions.

The controversy surrounding TRUMP coin is particularly intense, with Democratic Senator Warren pointing out that the Trump family holds up to 80% of the tokens, with a total market value reaching 20 billion USD. Furthermore, Trump's own social media statements can significantly influence the coin's price, raising concerns about market manipulation.

In this political struggle, the Democratic Party advocates for strict regulation, demanding that politicians and their families completely sever ties with encryption; the Republican Party, on the other hand, worries that excessive regulation will drive encryption companies to relocate to regions such as Singapore or Dubai, garnering support from many people in the encryption industry.

This political dispute in Washington not only concerns political positions but will also directly affect the future regulatory direction of the encryption market and the interests of investors.