US lawmakers have submitted several amendments to the cryptocurrency market structure bill, including a ban on the president and other individuals trading digital assets.

Ahead of next week's Senate Agriculture Committee hearings, debates, and votes on the cryptocurrency market structure bill, Democratic lawmakers have submitted several proposed amendments. One amendment aims to add a "Digital Asset Ethics Act" to the bill. This amendment would prohibit "regulated personnel," such as the president, vice president, and members of Congress, from engaging in certain financial transactions involving digital assets. Bloomberg has estimated that Trump has profited approximately $1.4 billion from his cryptocurrency investments, including investments from the DeFi and stablecoin project World Liberty Financial. The Trump family also holds a 20% stake in the mining company American Bitcoin. Other amendments include measures to prevent fraudulent transactions through "digital asset self-service terminals" and a requirement to postpone the enactment of future cryptocurrency legislation until at least four commissioners are appointed to the Commodity Futures Trading Commission (CFTC). This issue has been a point of contention among some lawmakers, as the CFTC currently has only one commissioner, while the maximum number of commissioners is five. (The Block)