End Crypto Corruption Act of 2025 Threatens Trump’s Crypto Agenda

Several efforts are being made by American legislation to end cryptocurrency-related corruption perpetrated by any individual, including the U.S. president or elected officials at the highest levels of the U.S. federal government.

Recently, Senate Democrats sponsored the End Crypto Corruption Act of 2025 to end President Donald Trump’s influence on the crypto industry.

The bill, spearheaded by Senator Jeff Merkley (D-Ore.) and twenty or more Democratic Senators, including Senate Democratic Leader Chuck Schumer (D-N.Y.), seeks to amend chapter 131 of Title 5, United States Code.

The successful amendment of the Code will prohibit the President, Vice President, Members of Congress, and individuals appointed to Senate-confirmed positions from issuing, sponsoring, or endorsing certain financial instruments, and for other purposes.

In addition, the Act bans the President, Vice President, Senior Executive Branch Officials, Members of Congress, and their immediate families from financially benefiting from issuing, endorsing, or sponsoring crypto assets, such as meme coins and stablecoins.

“There is no room in the American democratic system for the president to be personally enriching himself directly or indirectly from decisions he makes while in office,”

Senator Cortez Masto said.

U.S. Senate Fails to Advance GENIUS Act Stablecoin Bill

Previously, the U.S. Senators, mostly Democrats, voted against advancing the GENIUS Act Stablecoin Bill, which will regulate stablecoins.

Senator Warren and other Democrats decry President Trump’s conflicts of interest with crypto, amidst the proposed $TRUMP meme coin holders’ dinner with the President.

The Bill failed after the Senate Democrats demanded changes to cryptocurrency legislation pending in Congress. The demand was based on allegations that the Trump family used President Trump’s influence to profit from crypto trading.

In fact, Senator Chuck Schumer, the Democratic leader, had called on other colleagues not to vote for the GENIUS Act. Mr Schumer explained that the bill would benefit the Trump family’s crypto business directly.

Consequently, the Democratic Senators believe that the End Crypto Corruption Act of 2025 will end public corruption.

“Congress must immediately pass this common-sense legislation to root out public corruption and prevent illegal foreign influence for this or any future administration.”

Senator Cortez Masto said.

However, the U.S. Treasury Secretary Scott Bessent criticized the Senate for not passing the GENIUS Act and termed their action a missout on the digital assets leadership.

Stablecoins Attract Giant Firms’ Adoption

Despite the drawbacks of the GENIUS Act Stablecoin Bill, more crypto and non-crypto giant firms are adopting stablecoins for transactions.

Recently, Meta, the parent company of Facebook, Instagram, WhatsApp and others, is exploring the integration of stablecoins for global payouts to escape high transaction fees associated with fiat currencies.

Before that, Tether announced the launch of USDT for in-app payments, DeFi features, and task-based rewards within the LINE NEXT Messenger ecosystem.

Likewise, MasterCard, a global credit card company, launched global support for end-to-end stablecoin transactions between consumers and businesses.