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Texas official promotes oil-linked crypto amid conflict of interest concerns.
Texas Railroad Commissioner Wayne Christian, a Republican overseeing the state’s oil and gas industry, is promoting a new cryptocurrency tied to crude oil prices.
He serves as chair of the advisory board for the company launching the coin, raising concerns about potential conflicts of interest.
Christian maintains his involvement is separate from his official duties, conducted in his personal time, though critics question the impartiality of his regulatory role.
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El funcionario de Texas promueve el cripto vinculado al petróleo en medio de preocupaciones de conflicto de intereses.