COINAct

🚨 JUST IN 🚨

Senator Adam Schiff has introduced the COIN Act, which would bar the president, vice president, and their families from engaging in crypto businesses while in office. 💼💻

#Crypto #Politics #COINAct #USPolitics #Ethics #CryptoNews #CryptoMarket #Investing

🚨 US Senator Adam Schiff Introduces COIN Act to Ban Crypto Activities by Presidents

The COIN Act (Curbing Officials Income and Nondisclosure) would ban sitting US presidents, their immediate family, and senior officials from:

❌ Issuing
❌ Launching
❌ Endorsing digital assets — including memes, NFTs, and stablecoins

🧨 Directly targets Trump’s crypto involvement, raising ethical and constitutional concerns.

⌛ Applies from 180 days before office to 2 years post-term.

#COINAct #AdamSchiff #CryptoPolicy

COIN Act: U.S. Senate Seeks to Ban Crypto Activity for Presidents, VPs, and Their Families

Senator Adam Schiff, along with nine other Democrats, has introduced the COIN (Curbing Officials’ Income and Nondisclosure) Act, which proposes:

🔒 A full ban on the President, Vice President, members of Congress, and their immediate families from:

creating cryptocurrencies,

promoting memecoins, NFTs, and stablecoins,

profiting from any crypto activity — before, during, and after holding office (180 days before and 2 years after).

📢 Mandatory disclosure of any crypto asset sale over $1,000.

🧾 Penalties: confiscation of illegal profits + up to 5 years in prison.

Why is this important?

📌 This bill comes after the scandal involving Donald Trump, who, according to financial disclosures, earned $57 million from crypto in 2024, including from the memecoin WLFI.

Another token sale worth $390 million is expected in 2025.

What’s interesting 🤔

Schiff previously supported the GENIUS Act, which regulates stablecoins but does not restrict presidential crypto involvement.

The COIN Act has stirred political debate — some view it as a direct move against Trump.

It still needs to pass the Republican-led House of Representatives — the battle is far from over.

Summary ✅

The COIN Act aims to set clear ethical boundaries for top officials in the crypto space. If passed, presidents will no longer be allowed to profit from crypto projects like Trump did.

🗳 What do you think — a necessary move for transparency or a political weapon?

Share your thoughts in the comments! 👇

#crypto #TRUMP #COINAct #BinanceSquare #news

$BTC

🚨 US lawmakers introduce the COIN Act to block government officials from profiting off crypto. ⚖️💰

This new bill aims to prevent conflicts of interest and ensure accountability in the growing crypto space.

#Crypto #Legislation #COINAct #GovernmentTransparency #blockchain

🇺🇸 LATEST: California Senator #AdamSchiff introduces the COIN Act to address Trump's crypto ties.

The bill aims to prevent financial exploitation of digital assets by public officials, including the president and the First Family.

#AdamSchiff #COINAct

🚨 Crypto Meets Capitol Hill 🚨
🏛 Senator Adam Schiff has introduced the COIN Act — a bold move aiming to block U.S. Presidents, Vice Presidents, and top officials from launching, promoting, or profiting from crypto.
📊 The Curbing Officials’ Income and Nondisclosure (COIN) Act targets potential conflicts of interest in the digital asset space, just as crypto continues to gain mainstream traction.
🔍 Is this a step toward ethical governance or a political play in the growing crypto narrative?
📢 Your thoughts?
#CryptoRegulation #COINAct #Blockchain #Web3 #DigitalAssets
https://coingape.com/senator-introduces-bill-to-block-u-s-president-from-crypto/

🚨 COIN Act: Senator Schiff Targets Presidential Crypto Involvement

On June 23, 2025, U.S. Senator Adam Schiff introduced the COIN Act, aiming to ban the president, VP, and their families from crypto ventures while in office 🧾.

The move follows rising concerns over President Trump’s crypto activity, including launching memecoins and stablecoins 🪙.

“Donald Trump and other officials have made millions from crypto. The COIN Act stops this corruption in plain sight.” — Adam Schiff

🧱 What’s in the Bill?

🚫 No issuing, endorsing, or profiting from crypto

🎨 Covers NFTs, meme coins, and stablecoins

💰 Must disclose digital sales over $1,000

⚖️ Violators face fines + up to 5 years prison

Trump has launched TRUMP coin, his wife MELANIA, and their firm WLFI plans a $390M token sale. Trump’s earnings from crypto exceed $58M, according to disclosures 📈.

Senator Blumenthal also opened a Senate investigation into Trump’s crypto businesses, including mining and DeFi projects 🔍.

⚖️ GENIUS Act Conflict

Schiff supported the GENIUS Act, regulating stablecoins but exempting the president/VP. After backlash, Schiff and 9 Democrats co-sponsored the COIN Act 😤.

📊 More Democratic Pushback

Other proposals include:

MEME Act 🎭

Stop TRUMP in Crypto Act ⛔

Though unlikely to pass in a Republican-controlled Congress, these bills signal deep concern 🏛️.

🔐 Insight: Crypto and politics are now tightly linked — and lawmakers are moving fast to protect ethics and transparency 🛡️💼

#COINAct #CryptoPolitics #TRUMPtoken #NFT
#BTC

$BTC $WCT $BNB

🇺🇸 Latest: Senator Adam Schiff introduces the "COIN Act" to address Trump's connections to crypto!
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📜 Project Details:
– Senator Adam Schiff (from California) has introduced a new bill known as the COIN Act
– Objective: To prevent the financial exploitation of digital assets by public officials, including:
🔹 The President of the United States
🔹 The President's family (First Family)
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⚠️ Background of the move:
– Comes amid rising controversy over Trump's ties to Bitcoin and cryptocurrencies
– And the emergence of signs of potential adoption of cryptocurrencies in campaigns and policies
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🎯 What does the law aim to achieve?
– To enhance transparency and accountability regarding public officials' digital asset transactions
– To limit the possibility of personal gain or political profit from crypto
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📈 Expected reactions:
– It may ignite a new political debate between supporters and opponents of cryptocurrencies in Congress
– A big question arises: Will this limit the expansion of crypto in American politics?
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❓Do you think the COIN Act is to protect the economy or a political weapon?
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#CryptoNewss #LEGENDARY_007 #COINAct #AdamSchiff