Trump Administration Bans Federal Officials From Issuing Digital Assets Under New Ethics Rule

According to The Block, President Trump's new crypto ethics rule bans federal officials—including members of Congress, the president, and vice president—from issuing digital assets, with the Department of Justice serving as the primary enforcement agency rather than state attorneys general.

Senator Angela Alsobrooks, a Maryland Democrat, criticized the arrangement, stating that having the Department of Justice enforce ethics provisions is "not a serious proposal." The ruling marks a final hurdle before passage of the Clarity Act, with disputes centering on potential conflicts of interest involving Trump's own memecoin and his family company World Liberty Financial.