Senator Elizabeth Warren called for an investigation after reports linked the UAE intelligence chief to a covert investment in a U.S. crypto firm, a deal media labeled Trump’s 'Spy Sheikh' arrangement. She said the report raises urgent national-security and regulatory concerns about foreign influence in American crypto markets.
Bloomberg reports U.S. authorities are investigating Bitmain for potential national security risks tied to alleged remote-access capabilities in its Bitcoin mining hardware. The probe could increase scrutiny on mining supply chains and U.S.–China tech ties.

New U.S. legislation focuses on integrating strict anti-money laundering protections in cryptocurrency regulations, addressing national security concerns highlighted by Senator Elizabeth Warren and supported by bipartisan lawmakers.