COIN Act

Senators Question Trump’s Crypto Conflicts In New Letter

Senators Question Trump’s Crypto Conflicts In New Letter

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In a new letter, a trio of Senate Democrats has pressed the new head of the Office of the Comptroller of the Currency (OCC) about the US President’s crypto ventures and a potential conflict of interest related to the Trump family’s stablecoin, […]

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Crypto Profits Could Be Off-Limits To Presidents, Families Under New Proposal

Crypto Profits Could Be Off-Limits To Presidents, Families Under New Proposal

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Senator Adam Schiff of California rolled out a bill on Monday aimed squarely at the highest office in the land. It would bar the president, vice president and their immediate family from getting into any crypto business while wearing the badge of

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COIN Act targets crypto gains by US public officials

COIN Act targets crypto gains by US public officials

A group of US lawmakers, led by Senator Adam Schiff, introduced a new bill on June 23 to stop public officials, including the president, from using digital assets for personal gain. The Curbing Officials’ Income and Nondisclosure bill, also known as the COIN Act, aims to tighten ethical standards amid growing concern over crypto-linked financial

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