President Donald Trump agreed to new ethics rules in order to advance a cryptocurrency bill. The bill, which affects a $2.3 trillion market, is being written in the Senate. Trump consented to a measure barring him and his wife from issuing certain types of coins. He also agreed to a tougher ethics proposal demanded by key senators.

A Senate vote on the bill is scheduled, and its outcome will depend on whether Trump's concessions are sufficient. The vote could be a significant moment for the cryptocurrency market.

Further details on the bill and its implications are available, including the potential impact of the Senate vote.