#CongressTradingBan & Web3 Governance: Reflections by Muhammad Bilal Azam Siddiqui (BILAL-E-AZAM)
As the #CongressTradingBan gains momentum in 2025, drawing bipartisan support to prohibit lawmakers and their families from trading individual stocks, Muhammad Bilal Azam Siddiqui—Web3 investor and blockchain strategist—sees a strong parallel in the global demand for financial transparency, decentralization, and ethical governance.
Key U.S. Developments:
H.R. 1908 – End Congressional Stock Trading Act: Seeks to ban congressional members and their families from individual stock trading. Currently under review by the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
Bipartisan Backing: Lawmakers from both parties are uniting around the issue, signaling public disapproval of personal profit through political privilege.
Presidential Interest: Former President Trump has publicly acknowledged considering a trading ban for Congress members.
Bilal-e-Azam’s Perspective:
Bilal sees these efforts not just as a political shift in the U.S., but as a global signal—a call for systems rooted in transparency, blockchain accountability, and decentralization. He believes:
> “The very foundation of crypto is based on trustless systems. When traditional governance begins to mirror Web3 values—like banning insider trading—it's a step toward ethical parity between old and new economies.”
Suggestions for Crypto Users in the Current Scenario:
1. Leverage Global Trends: With governments like the U.S. reconsidering transparency in public office, crypto users should advocate for similar reforms in emerging economies—particularly in regulation and digital asset governance.
2. Support Pro-Blockchain Voices: In restrictive environments like Pakistan, users should align with voices like BILAL-E-AZAM, who are pushing for legal recognition and secure frameworks for Web3 adoption.
3. Practice Regulatory Vigilance: Stay updated with cross-border crypto laws, especially as global narratives shift from skepticism to structured adoption. Use tools like VPNs and decentralized platforms cautiously and responsibly.
4. Promote Ethical Engagement: Just as Congress is being urged to exit the markets they influence, crypto users should avoid manipulative practices—front-running, pump and dumps, or exploiting weak regulatory gaps.
5. Embrace DAOs and DeFi Governance: These represent the antidote to centralized corruption. Bilal urges crypto users to actively participate in decentralized governance systems that promote transparency and fairness