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US officials barred until 2029 from issuing or sponsoring tokens under CLARITY’s proposed ethics rules

CryptoInfo Editorial Team  ·  Published on July 22, 2026 at 18:41  ·  Updated on July 23, 2026  ·  1 min read

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Proposed ethics rules under the CLARITY Act may bar US officials from issuing or sponsoring tokens until 2029, with potential implications for presidential crypto ventures.

According to Senator Cynthia Lummis, the ethics language would apply to US presidents' crypto ventures, including those of former President Donald Trump.

This development is based on reporting from CoinTelegraph, which highlights the potential restrictions on US officials' involvement in cryptocurrency activities.

Source: CoinTelegraph ↗