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House rejects appeal after member seeks recusal over cryptocurrency ETF holdings
Summary
Representative Iwamoto asked to be recused from voting on a crypto-related bill, citing substantial holdings in a Fidelity Bitcoin ETF; the Speaker ruled she was part of a broad class and not conflicted, the appeal was taken and defeated on a roll-call vote (reported 45 ayes, 3 nos, 2 not present).
A procedural clash on ethics and recusal drew extended floor debate when Representative Iwamoto asked to be recused from a cryptocurrency-related measure under House Rule 62, citing a substantial personal financial interest.
"I own a substantial amount of shares in what's called Fidelity wise origin Bitcoin ETF," Representative Iwamoto told the House…
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