New Delhi, Oct. 4 -- A $1 coin bearing the image of President Donald Trump may be released by the US Treasury to celebrate the 250th anniversary of the independence of the country, Axios reported. However, there is a potential legal hurdle that can scupper this plan.

As per a federal law, no living US President's image can be placed on a currency coin.

"No coin issued under this subsection may bear the image of a living former or current President," the law in focus says. It also precludes images of deceased US Presidents within two years of their death.

However, Treasurer Brandon Beach has already revealed the design of the potential coin bearing the image of the current US President. A spokesperson of the Treasury also put out a stat...