Trump Agreed to Crypto Ethics Rules, Then Put His Own DOJ in Charge of Enforcing Them
The CLARITY Act's ethics deal routes enforcement through a DOJ run by Trump's former lawyer. A ban on issuing crypto that skips holding.
The Digital Asset Market Clarity Act was on the verge of being passed when President Trump agreed to a new ethics provision on July 20, but the way it will be enforced is causing controversy. The provision prohibits federal officials, including members of Congress and the president, from issuing digital assets while in office, but the enforcement of this rule falls under the Department of Justice, which is currently led by Trump's former defense lawyer.
This has raised concerns among Democrats, as the DOJ's decision to not investigate could effectively nullify the law.
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