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

What the report says

The Block reported that newly approved ethics language backed and signed by President Donald Trump would bar federal officials from issuing cryptocurrencies. According to the outlet’s headline, the rule would place enforcement responsibility with the Department of Justice and was described by sources as part of a crypto ethics framework affecting federal officeholders or employees.

The available public excerpt does not identify the legislative or executive vehicle for the language, the categories of officials covered, any implementation timetable, or what penalties could apply. It also does not specify whether the restriction applies only to launching new tokens, to participating in private crypto ventures, or to other forms of digital-asset promotion. Those details would be important for determining the practical scope of the measure.

If implemented as described by The Block, the rule would matter because it would create a clearer conflict-of-interest boundary between public officials and cryptocurrency issuance. Digital assets can be financially significant and sensitive to public statements or policy decisions, so an ethics restriction could be aimed at preventing officials from using government roles to benefit token projects. DOJ involvement would also signal that alleged violations could be treated as more than an internal administrative matter, though the extent of enforcement authority is not clear from the available text.

More broadly, the reported move comes amid continuing federal debate over how to regulate crypto markets, protect investors and define acceptable conduct for officials involved in policy decisions affecting digital assets.