Trump administration issues new ethics rule prohibiting federal officials from issuing cryptocurrencies, with DOJ enforcement authority.
Regulation & Gov ·
The Trump administration has approved a new ethics rule that bars federal officials from issuing cryptocurrencies, with enforcement authority assigned to the Department of Justice. The rule was signed by President Donald Trump and represents a targeted restriction on executive-branch activity in the crypto space.
The measure establishes DOJ oversight of compliance and violations among federal employees and officials. The prohibition appears designed to prevent conflicts of interest or unauthorized government involvement in cryptocurrency issuance while centralizing enforcement under a single agency.
The rule's scope, specific definitions of what constitutes "issuing" cryptocurrencies, penalty structures, and effective date remain unclear from available reporting. It is also unknown whether the rule applies to advisory roles, consulting positions, or extends to indirect involvement through affiliated entities.