According to The Block, President Trump signed a revised crypto ethics clause prohibiting federal officials from issuing digital assets, to be enforced by the Department of Justice. This arrangement has sparked controversy among Democratic lawmakers, with Maryland Senator Angela Alsobrooks calling it an unserious proposal for the Department of Justice to enforce ethics rules. The clause addresses conflicts of interest related to the Trump family’s crypto project, World Liberty Financial, following financial disclosures showing that Trump earned millions of dollars from World Liberty Financial.
Trump Signs Crypto Ethics Rule Banning Federal Officials from Holding Digital Assets
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Summary
Trump signed a crypto ethics rule banning federal officials from holding digital assets, with the Department of Justice tasked with enforcement. The move, linked to potential conflicts involving Trump’s family-linked project World Liberty Financial, drew criticism from Democrats, including Maryland Senator Angela Alsobrooks, who called the DOJ’s role “lame.” Federal Reserve news and real-world assets (RWA) developments remain key areas of focus as policy shifts regulatory expectations.
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