'Singling out crypto for special scrutiny would be misguided'

A photo mockup of a hand holding a Bitcoin piece.

Targeting 'crypto just because it's new or politically charged is more about optics'

(Image credit: Cheng Xin/Getty Images)

published 17 July 2025

'Congress should reject cryptocurrency double standard'

Tim Ryan and Kendrick Meek at Newsweek

Why "single out crypto? The president isn't banned from owning shares in oil companies while setting energy policy, or owning real estate while shaping tax policy," say Tim Ryan and Kendrick Meek. Targeting "crypto just because it's new or politically charged is more about optics." If the "goal is to prevent self-enrichment, it makes little sense to restrict crypto holdings while allowing broad discretion over other financial assets that can just as easily create conflicts of interest."

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Justin Klawans has worked as a staff writer at The Week since 2022. He began his career covering local news before joining Newsweek as a breaking news reporter, where he wrote about politics, national and global affairs, business, crime, sports, film, television and other news. Justin has also freelanced for outlets including Collider and United Press International.