Trump Backs Crypto Ethics Rule and DOJ Enforcement Power

President Trump recently agreed to ethics language that prevents senior federal officials from issuing digital assets. This proposal, part of the Clarity Act, would apply to the president, vice president, and members of Congress. The plan also shifts enforcement authority to the Justice Department, moving away from the oversight of state attorneys general.

The inclusion of these rules has caused friction in the Senate. Some lawmakers argue that these measures are insufficient given recent industry connections held by officials. This internal disagreement is currently a major hurdle for the bill, and institutional investors are watching closely to see if Congress can reach a consensus on federal rules.

Bitcoin continues to trade in a tight range near $66,000 as the market waits for more legislative certainty. While the policy debate remains active, Bitcoin shows little directional conviction and trading volume stays flat. Market participants are holding off on large moves until there is a clear signal from Washington.

Traders should monitor the Senate vote closely. If the ethics dispute drags on or if the prospect of aggressive DOJ enforcement creates uncertainty, risk appetite could drop. Large assets like Bitcoin and Ethereum may stay stable, but smaller tokens could face pressure if the regulatory environment remains messy or restrictive.