Tag

#cryptocurrency

Incidents involving government officials' cryptocurrency holdings, promotion, or policy decisions creating conflicts of interest, including the use of public office to benefit personal crypto investments.

2 incidents

Grade 2 of 5: Major Abuse of Power

Trump's Bank Regulator Grants Conditional National Bank Charter to Trump Family's Crypto Venture (August 2026)

A federal bank regulator run by a Trump appointee conditionally approved a national bank charter for the Trump family's crypto company, World Liberty Trust, to issue the USD1 stablecoin and custody digital assets. The president's family holds a reported 38% stake. Watchdogs said the OCC cannot impartially supervise a bank partly owned by the president who appoints and can remove its head. The approval is conditional, and the bank cannot open until it meets further requirements.

Grade 2 of 5: Major Abuse of Power

Trump Emoluments: Foreign Government Payments Through Business Deals, Gifts, and Cryptocurrency

An unprecedented pattern of foreign government payments flowing to the president's personal businesses and financial ventures, including real estate deals in Vietnam, Serbia, Saudi Arabia, and the Gulf states, the LIV Golf partnership, a $400 million Qatari jet, and cryptocurrency schemes — prompting multiple Senate resolutions, introduced but not passed, that characterize the arrangements as Emoluments Clause violations.