According to Bitcoin.com News, US Senator Kirsten Gillibrand stated on August 23 that Congress should prohibit the President, spouses, and senior officials from issuing, initiating, or profiting from cryptocurrencies during their term, and include this ethical ban in the Digital Asset Market Structure Act. A survey shows that 63% of respondents believe that Trump and his family's cryptocurrency profit-making behavior is inappropriate. Trump disclosed in his annual filing that cryptocurrency related revenue will exceed $1.4 billion by 2025. The related controversy extends to the Senate Digital Asset Market Clarity Act, which will undergo its first procedural vote in the Senate on September 15th. Kirsten Gillibrand stated that she will not vote to allow the president to profit from public office with taxpayer support.
