President Trump signs encryption ethics clause, prohibiting federal officials from issuing digital assets

According to The Block, the new encryption ethics clause signed by US President Trump prohibits federal officials from issuing digital assets and is enforced by the Department of Justice. This arrangement has sparked controversy among Democratic lawmakers, with Maryland Senator Angela Alssobrooks stating that it is not a serious proposal for the Department of Justice to enforce ethical provisions. This clause involves conflicts of interest in the Trump family's crypto project, World Liberty Financial, after financial reports showed that Trump received millions of dollars in revenue from World Liberty Financial.