President Trump Agrees to Ethics Provisions in Senate Cryptocurrency Bill
In Washington, President Trump has agreed to new ethics provisions as part of a cryptocurrency bill being considered in the Senate. These concessions are designed to prevent him and his family from issuing crypto assets and require him to place…
Philadelphia, PA, September 14, 2026 — In Washington, President Trump has agreed to new ethics provisions that have been incorporated into a cryptocurrency bill currently under consideration in the Senate.
These agreed-upon concessions aim to address potential conflicts of interest related to digital assets. Specifically, the new rules are designed to prevent President Trump and members of his family from issuing their own cryptocurrency assets. Furthermore, the provisions mandate that the President must place his existing cryptocurrency holdings into a blind trust or divest from them entirely.
The future progression of this cryptocurrency bill through the Senate now hinges on the reception of these ethics measures. Key senators will need to deem these rules, including the specified enforcement mechanisms, as sufficiently robust to warrant their support. The provisions also outline a role for state attorneys general in the enforcement of these ethics requirements.
The details surrounding the specific timelines for placing assets into a blind trust or divesting, as well as the precise scope of the enforcement powers granted to state attorneys general, were not detailed in the summary provided. The summary also did not specify which key senators will be evaluating the sufficiency of these ethics rules or the potential impact of their decision on the bill’s passage.
Story summarized from the original created by SEUNG MIN KIM on www.inquirer.com, see more information here.
