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Republicans release new crypto bill text, with Trump-blessed ethics provision included
Senate Republicans released a revised cryptocurrency bill including a Trump-backed ethics provision aimed at regulating federal officials' engagement with digital assets. The bill, lacking Democratic support, faces criticism over DOJ enforcement authority and restrictions on crypto companies listing assets tied to public officials.
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Adjacent reporting
- Crypto regulatory text expected to be released Thursday does not have Senate Democrat support
- Senate’s crypto drama comes to a head
- Trump agrees to ethics provision as crypto bill inches closer to Senate vote
- Trump-backed crypto ethics rule puts DOJ in charge of enforcement, prohibits federal officials from issuing cryptocurrencies