Trump agrees to crypto ethics rules as Senate bill stalls

President Donald Trump has agreed to sweeping ethics restrictions as part of a landmark cryptocurrency bill, but the legislation remains stalled in the Senate as Democrats insist on stronger enforcement mechanisms. The development represents a significant yet incomplete breakthrough for the Digital Asset Market Clarity Act, the first major federal effort to regulate the digital asset industry.

The White House confirmed Tuesday that Trump accepted an ethics provision described by an administration official as the most comprehensive and wideranging ethics provision in history. The measure would restrict the ability of the president, vice president, members of Congress, and other highranking federal officials to acquire, hold, trade, and profit from digital assets while in office. This concession aims to address Democratic concerns about conflicts of interest, which intensified after Trump's July 1 financial disclosure showed he received approximately $1.4 billion in cryptocurrency-related income in 2025, largely tied to his memecoin and the family business World Liberty Financial.

Despite the White House agreement, Democratic support is uncertain. A core dispute centers on who...