PoliticalEthics

#MEMEAct Meme Coin Moves Stir U.S. Politics
#MEMEAct #CryptoRegulation #PoliticalEthics

U.S. Senator Chris Murphy has announced plans to introduce new legislation that would ban Presidents and members of Congress from launching or endorsing meme coin projects tied to their names. The proposed bill follows growing concerns over crypto ventures linked to former President Donald Trump, fueling debate over the intersection of political power and digital assets.

Murphy described the Trump-related meme coins as “the biggest corruption scandal in White House history.” He emphasized the need for the bill to prevent public officials from profiting—directly or indirectly—from the crypto market.

Former San Jose Mayor and fellow Democrat Sam Liccardo is reportedly helping to draft the legislation.

#CryptoNews #MemeCoin #BlockchainPolitics #TrumpCoin #ChrisMurphy #DigitalAssets #USPolitics #CryptoScandal