Coin Bureau
Coin Bureau|Jul 23, 2026 13:32
⚖️LATEST: New CLARITY Act ethics rules would NOT stop Trump from profiting from crypto. While the proposal bars the president from issuing or sponsoring new digital assets, it does NOT amount to a complete ban on Trump making money from crypto. Here is what could remain: 1. Personal crypto holdings The bill expressly says officials may still hold digital assets as investments. Trump disclosed at least $100M in BTC and ETH. He could therefore keep those assets while influencing crypto policy, which is something else the bill permits. 2. World Liberty Financial The bill targets assets Trump personally issues or sponsors. But Democrats argue it does not fully block income through existing licenses, intermediaries or affiliated entities. They say that could allow money connected to WLFI tokens and stablecoin business to continue reaching the Trump family. Trump reported $799M from World Liberty Financial in 2025. 3. American Bitcoin The restrictions cover officials and their spouses, but not their children. Eric Trump and Donald Trump Jr. could therefore retain their roles and ownership interests. 4. The TRUMP memecoin The bill says an official “shall not be deemed to violate” the law when an existing issuer keeps using their name or likeness. That protection includes the continued minting, sale or distribution of additional digital assets *but only after the official divests or places it in a qualified blind trust. Democrats say this could preserve licensing or royalty income from TRUMP, which generated about $636M for Trump in 2025. They also argue that Trump could simply ignore the law and refuse to comply because his handpicked DOJ is charged with enforcement.(Coin Bureau)
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