New Crypto Bill Plan in the US: Limits Could Also Come for Trump

House Democrats are discussing a new crypto bill that would expand the SEC's authority over digital assets and impose ethics restrictions on federal officials' crypto activities, including President Donald Trump. The proposal, reported via Wu Blockchain, targets both regulatory scope and potential conflicts of interest among policymakers. It matters because it signals a push to formalize SEC oversight of the crypto sector while addressing concerns about officials holding or trading digital assets. What to watch next is whether the bill advances through committee, how Republicans and the industry respond to broader SEC powers, and whether the ethics provisions survive negotiation.