Trump-backed crypto ethics rule assigns DOJ enforcement and bars federal officials from issuing digital assets
TL;DR Summary
New ethics language signed by President Trump would bar federal officials from issuing digital assets and would designate the DOJ as the chief enforcer rather than state attorneys general, a shift that could complicate broader crypto legislation like the Clarity Act; the White House has not publicly confirmed the wording, and lawmakers are weighing enforcement implications.
- Trump-backed crypto ethics rule puts DOJ in charge of enforcement, prohibits federal officials from issuing cryptocurrencies: sources The Block
- Clarity Act gives law enforcement the tools it needs for decentralized finance The Hill
- Bitcoin Rallies After Bessent Says Clarity Act at ‘1-Yard Line’ Bloomberg.com
- President Donald Trump Just Told Congress to Pass the Clarity Act. Here's the Most Likely Scenario for What Happens Next. Yahoo Finance
- Coinbase Stock Is Rallying. Can Donald Trump’s Ethics Compromise Save the Clarity Act? Barron's
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