CoinDesk Podcast Network Sen. Warren Asks for Trump-Tied Crypto Probe | CoinDesk Daily
Dec 17, 2025
Senator Elizabeth Warren is pushing for an investigation into DeFi platforms linked to Trump. The implications of this probe could influence negotiations for key market structure legislation. Additionally, the DTCC is set to tokenize U.S. Treasury bonds, partnering with big names like BlackRock and Goldman Sachs. Analysts also speculate that a stronger yuan might boost Bitcoin prices by weakening the dollar. Finally, Bitcoin is currently trading around $87,500, sparking further discussions on its market dynamics.
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Warren Opens National Security Probe
- Senator Elizabeth Warren is probing PancakeSwap over tokens tied to President Trump's business interests and potential political influence.
- She highlights lack of identity checks and worries about platforms moving hundreds of millions daily being linked to rogue actors.
Legislation Stalled Over Political Ties
- Crypto legislation in the Senate is stalled amid disagreements over the president's business ties.
- The delay intersects with scrutiny of DeFi platforms and potential political influence on token listings.
DTCC Moves To Tokenize Treasuries
- The DTCC will partner with the Canton Network to tokenize U.S. Treasury bonds after an SEC no-action letter.
- The project aims to launch in the first half of 2026 with co-chairs including BlackRock and Goldman Sachs to set standards.