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July 22, 2026

Senate Republicans Update Cryptocurrency Bill to Ban Federal Officials from Issuing Digital Assets

  • The updated 616-page cryptocurrency bill includes a ban on federal officials, including presidents, from issuing or sponsoring digital assets.
  • An ethics provision addressing concerns about federal officials' involvement in digital assets is included but may not satisfy Democrats.
  • Senate Majority Leader John Thune plans to bring the bill to a vote next week, regardless of bipartisan support.