Trump Agrees to Key Ethics Provision in Major Crypto Bill, GOP Official Says
President Trump agrees to new ethics rules in crypto bill. Bipartisan deal could impact cryptocurrency regulations and political accountability.
POLICY WIRE — Washington, United States — President Donald Trump has agreed to a significant portion of a stringent ethics proposal that is part of a broader cryptocurrency bill headed for a key vote this week, according to a senior GOP official involved in the negotiations.
The sweeping bill initially had a provision that would bar all federally elected officials and their spouses, as well as federal judges, from issuing digital assets. However, concerns from Democrats and some Republicans led to revisions, including allowing state attorneys general to enforce the law alongside the Justice Department.
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White House officials had raised concerns about giving state attorneys general the power to enforce the law, fearing it could be used as a political tool. Despite these concerns, Trump agreed to most of the proposed changes, including requirements for divesting or placing significant financial interests in a blind trust if they involve cryptocurrency entities.
Reporting by Policy-Wire (PW)





