Trump Agrees to Ethics Provisions for Crypto Bill

The fate of a cryptocurrency bill in the US Senate hangs on President Donald Trump's agreement to ethics provisions that apply to him.

Trump had been hesitant to agree to these measures, but eventually consented to bar himself and his wife from issuing meme coins, as well as put his crypto holdings in a blind trust. This concession was made after weeks of negotiation with senators who were pushing for tougher conflict-of-interest rules.

The bill's authors argue that implementing these restrictions is crucial to bringing the cryptocurrency industry into the mainstream. If it passes, it would cement crypto legitimacy into law and prevent politicians from profiting off digital assets.