Trump Agrees to Crypto Ethics Rules for Bill Passage

President Trump agreed to new ethics rules in order for a cryptocurrency bill to pass through Congress. The bill would bring legitimacy to the $2.3 trillion crypto market and could be voted on this Tuesday.

The deal came after weeks of negotiations between Trump's team and lawmakers, particularly Senators Cynthia Lummis and Bernie Moreno, who are pushing for the bill's passage.

The new ethics rules would bar federally elected officials, including Trump and his wife Melania, from issuing digital assets. It also includes a provision that would require the president to put his crypto holdings in a blind trust and divest when they reach a certain value.