CELEBRITY
The shocking crypto surrender: Trump agrees to historic ban on presidents launching digital coins
In an unprecedented political shift, President Donald Trump has officially signed off on a massive ethics amendment inside the sweeping CLARITY Act.The earth-shattering provision explicitly bans the sitting president, vice president, members of Congress, and federal officials from issuing, sponsoring, or directly profiting from new digital assets while holding office.The White House is framing the surprise deal as the most wide-ranging ethics framework ever attached to federal legislation, following months of intense congressional standoff over high-profile presidential token ventures.While Senate Republicans push for a definitive floor vote before the upcoming August recess, key critics argue the legislation still leaves critical regulatory loopholes intact.The historic move has sent immediate shockwaves across Wall Street and Washington, turning the future of American digital asset law into a fierce, high-stakes battleground.