President Trump held a positive meeting with lawmakers to discuss crypto legislation ethics, though his stance on his personal crypto wealth initially created uncertainty in Clarity Act negotiations. On July 21, Trump signed new ethics provisions prohibiting federal officials from issuing cryptocurrencies. The U.S. Department of Justice has been designated to enforce these new regulatory ethics rules.
President Trump approves new ethics language forbidding federal officials from issuing cryptocurrencies, with the DOJ set to enforce compliance.
Read the full storyLegislative talks on the Clarity Act have hit a standstill as lawmakers clash over ethics provisions addressing President Trump's personal cryptocurrency holdings.
President Trump held a 'hugely positive' meeting with lawmakers to resolve ethical hurdles delaying sweeping cryptocurrency regulations.