Trump-backed crypto ethics rule puts DOJ in charge of enforcement, prohibits federal officials from issuing cryptocurrencies

What happened

A new ethics rule signed by President Donald Trump bars federal officials from creating or issuing cryptocurrencies and places enforcement responsibility with the Department of Justice.

Confirmed

Global impact / market context

The rule prevents government officials from using their authority to launch digital currencies, limiting potential conflicts of interest and ensuring that any crypto initiatives must come from the private sector.

Analyst inference

By removing federal officials from crypto issuance, the rule may reduce regulatory uncertainty for existing crypto firms, but could also signal tighter oversight, affecting investor confidence in the sector.

Analyst inference

What to watch

1. How the Department of Justice interprets and applies the new enforcement authority in specific cases. Analyst inference
2. Potential legislative responses or amendments that could modify the rule’s scope or enforcement mechanisms. Analyst inference
3. Reactions from crypto companies and industry groups regarding the restriction on federal officials issuing digital assets. Analyst inference

Affected assets

• PEOPLE — ConstitutionDAO

Evidence

• theblock.co