Daily Market Updates: Trump-backed ethics language bars federal officials from issuing crypto

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Trump-backed ethics language bars federal officials from issuing crypto

The new ethics language would place DOJ in charge of enforcing the restrictions, according to The Block.

Reported · Written up by our desk · Regulation

Newly approved ethics language signed by President Donald Trump would prohibit federal officials from issuing cryptocurrencies, according to The Block.

The Block reports the language also shifts enforcement responsibility to the Department of Justice, giving DOJ oversight of the restrictions tied to the ethics rule.

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The BlockTrump-backed crypto ethics rule puts DOJ in charge of enforcement, prohibits federal officials from issuing cryptocurrencies: sources

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Trump-backed ethics language bars federal officials from issuing crypto

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Sources

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