# US Officials Banned from Issuing Tokens Until 2029 CLARITY Act imposes a crypto asset ban on federal officials until 2029. - **Source:** [Cointelegraph.com News](https://brifing.si/source/2e81e982-0137-4db0-8ac2-351f37085775) - **Published:** 2026-07-22 - **Original article:** - **On Brifing:** https://brifing.si/s/c5184654-232b-4ed2-99c7-d537fd8e5c85 ## Ethics Rules in the CLARITY Act Senate Republicans released the draft text of the CLARITY Act, which bans US federal officials from issuing or sponsoring digital assets. The law covers all public officials, including President Trump, and will remain in effect until 2029. ## Scope of the Ban The CLARITY Act covers all public officials, employees, and their spouses. Crypto platforms will also be blocked from listing assets issued or sponsored by federal officials. This aims to prevent conflicts of interest. ## Trump and Crypto Ventures President Trump faces criticism for earning $1.4 billion from crypto ventures in 2025. The ethics provisions of the CLARITY Act also apply to Trump, with the ban lasting until the end of his second term on January 20, 2029. ## Enforcement of the Ban The US Attorney General will be responsible for enforcing the ban. Federal authorities, rather than state agencies, will oversee this. Trump's former personal attorney, Todd Blanche, is awaiting Senate confirmation to lead the Justice Department. ## Democrats' Stance The CLARITY Act needs Democratic support before it can be voted on in the Senate. Many Democrats have stated they will not support any bill without strong ethics provisions, which could determine the fate of the legislation. ## Significance of the Act The CLARITY Act aims to bring transparency and ethical standards to the crypto market. It seeks to increase accountability for both public officials and crypto platforms, thereby fostering market confidence. ## Sources covering this story - https://cointelegraph.com/news/clarity-act-ethics-public-officials-president-barred-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._