Top House Democrat Maxine Waters blocks crypto legislation hearing

On today’s episode of CNBC Crypto World, Rep. Maxine Waters, the leading Democrat on the House Financial Services Committee, blocked a joint hearing with the House Agriculture Committee on a digital asset market structure bill, citing alleged corruption by the president over his crypto ties. Plus, Jack Mallers, who is now the CEO of Twenty One, discusses the new company, which would allow for a singular vehicle for bitcoin exposure.