$ETH PANews January 24 News, according to The Block, before next week's Senate Agriculture Committee hearing on the Cryptocurrency Market Structure Act, where debates and votes will take place, Democratic lawmakers have submitted several amendments. One of the amendments aims to add the "Digital Asset Ethics Act" to the bill. The amendment would prohibit "regulated persons" such as the President, Vice President, and members of Congress from engaging in certain financial transactions involving digital assets. Bloomberg previously estimated that Trump has profited approximately $1.4 billion from his cryptocurrency investments, including investments in DeFi and stablecoin projects like World Liberty Financial. The Trump family also holds a 20% stake in mining company American Bitcoin. Other amendments include measures to prevent false trading on "Digital Asset Self-Service Terminals" and to delay the implementation of future cryptocurrency legislation until at least four Commodity Futures Trading Commission (CFTC) commissioners are appointed. Currently, the CFTC has only one commissioner, with a maximum of five, making this issue a point of contention among some legislators.
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$ETH PANews January 24 News, according to The Block, before next week's Senate Agriculture Committee hearing on the Cryptocurrency Market Structure Act, where debates and votes will take place, Democratic lawmakers have submitted several amendments. One of the amendments aims to add the "Digital Asset Ethics Act" to the bill. The amendment would prohibit "regulated persons" such as the President, Vice President, and members of Congress from engaging in certain financial transactions involving digital assets. Bloomberg previously estimated that Trump has profited approximately $1.4 billion from his cryptocurrency investments, including investments in DeFi and stablecoin projects like World Liberty Financial. The Trump family also holds a 20% stake in mining company American Bitcoin. Other amendments include measures to prevent false trading on "Digital Asset Self-Service Terminals" and to delay the implementation of future cryptocurrency legislation until at least four Commodity Futures Trading Commission (CFTC) commissioners are appointed. Currently, the CFTC has only one commissioner, with a maximum of five, making this issue a point of contention among some legislators.