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BlockBeats news, on April 18, according to foreign media reports, California Democratic Congresswoman Maxine Waters has been labeled the "thorn in the side" of cryptocurrency on Capitol Hill. As a senior member of the House Financial Services Committee, she has consistently advocated for strengthening cryptocurrency regulation to consolidate her authority. Meanwhile, Waters' opponent, nonprofit executive Myla Rahman, has received about 69% of her campaign funding from the crypto industry, raising market concerns about "crypto capital entering politics." Data shows that since Rahman launched her campaign in February, she has raised approximately $14,500, with the largest single donation coming from Brad Garlinghouse ($6,600 donation). In addition, executives from Solana Policy Institute have also provided support. As one of the Democrats' staunchest advocates for crypto regulation in Congress, Waters has long promoted strengthening industry oversight. Should the Democrats win the midterm elections, she is expected to become Chair of the Financial Services Committee. Analysts believe that this potential shift is prompting the crypto industry to proactively allocate political resources in an effort to influence future regulatory frameworks. Currently, the crypto industry is pushing for Clarity Act legislation to seek a more relaxed regulatory environment, but the bill faces strong opposition from the traditional banking sector, which fears it could trigger a migration of deposits to the crypto market. Notably, despite her pro-regulation stance, Waters has also received political donations from Chris Larsen, highlighting how crypto capital is pursuing a multi-pronged approach across both parties and various regulatory positions.

BlockBeats News, April 18th - According to foreign media reports, California Democratic Representative Maxine Waters is the "thorn in the side" of cryptocurrency on Capitol Hill. As a senior member of the House Financial Services Committee, she has consistently supported strengthening cryptocurrency regulation to consolidate her authority. Waters' competitor, non-profit executive Myla Rahman, has received approximately 69% of her campaign funds from the cryptocurrency industry, sparking market concerns about "cryptocurrency capital involvement in politics." Data shows that since Rahman entered the race in February, she has raised a total of approximately $14,500, with the largest single donation coming from Brad Garlinghouse ($6,600 donation). In addition, executives from the Solana Policy Institute have also shown their support. As one of the most hardline Democrats in Congress on cryptocurrency regulation, Waters has long advocated for industry oversight. If the Democratic Party wins in the midterm elections, she is poised to become the chair of the Financial Services Committee. Analysis suggests that this potential change is prompting the cryptocurrency industry to proactively deploy political resources in an attempt to influence future regulatory frameworks. Currently, the cryptocurrency industry is pushing for the "Clarity Act" legislation to seek a more lenient regulatory environment. However, this bill faces strong opposition from the traditional banking sector, which is concerned that it will lead to a shift of deposits to the cryptocurrency market. It is worth noting that despite her regulatory stance, Waters has also received political donations from Chris Larsen, demonstrating that cryptocurrency capital is strategically invested across both parties and different regulatory positions.

According to Whale monitoring, at around 17:15 (UTC+8), 130 million USDT was transferred from a certain exchange to Aave.