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The crypto ethics rules supported by Trump will be enforced by the Department of Justice and will prohibit federal officials from issuing coins.

MeNews
ME News, July 22 (UTC+8): The revised crypto ethics clauses signed by President Trump have been approved. The clauses clearly prohibit federal officials (including members of Congress, the president, and the vice president) from issuing digital assets, and designate the Department of Justice as the primary enforcement body rather than the state attorney general. The arrangement has sparked controversy among Democrats. Maryland Democratic Senator Angela Alsobrooks said bluntly, “It’s a unserious proposal to have the Department of Justice enforce the ethics clauses,” and if the final text is like this, she will not support the bill. The clause is the last obstacle to the passage of the Clarity Act. The controversy centers on Trump’s own meme coin and his family company World Liberty Financial. Last month’s disclosed financial report shows that Trump received millions of dollars in related income from WLF. The White House did not confirm the clause’s exact wording, but said it is working with lawmakers to push the bill through, and will blame the delay on Democrats. (Source: ChainCatcher)
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