PANews
PANews|Jan 24, 2026 00:25
[U.S. Lawmakers Propose Multiple Amendments to Crypto Market Structure Bill, Including a Ban on Digital Asset Trading by the President and Others] According to The Block, ahead of next week's Senate Agriculture Committee hearing, debate, and vote on the crypto market structure bill, Democratic lawmakers have submitted multiple proposed amendments to the bill. One of the amendments aims to add the 'Digital Asset Ethics Act' to the bill. This amendment would prohibit 'regulated individuals,' such as the President, Vice President, and members of Congress, from engaging in certain financial transactions involving digital assets. Bloomberg previously estimated that Trump has profited approximately $1.4 billion from his cryptocurrency investments, including investments in DeFi and the stablecoin project World Liberty Financial. The Trump family also holds a 20% stake in the mining company American Bitcoin. Other amendments include measures to prevent fraudulent transactions via 'digital asset self-service terminals' and a requirement to delay the enactment of future cryptocurrency legislation until at least four commissioners are appointed to the Commodity Futures Trading Commission (CFTC). Since the CFTC currently has only one commissioner, with a maximum of five allowed, this issue has been a point of contention among some lawmakers.
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