The US House of Representatives introduces a resolution calling for a ban on officials profiting from cryptocurrencies through their public positions.

BlockBeats News, November 4, according to the official website of the U.S. Congress, California Representative Ro Khanna introduced Resolution No. H.Res.849 on October 31, calling for a ban on public officials obtaining personal benefits through cryptocurrency-related activities and promoting the establishment of regulatory mechanisms to prevent conflicts of interest and foreign influence.

The resolution has been submitted to the House Financial Services Committee, the Committee on Oversight and Reform, the House Administration Committee, and the Judiciary Committee for review. The document points out that there is a need to strengthen transparency and regulation of politicians' digital asset activities to ensure fairness in policy-making and maintain public trust.