#CongressTradingBan

In July 2024, group of senators prohibited members of U.S congress to buy stock from market requiring them to divest within 90 days of the bill's enactment.

As of now, this legislation again sparked debate about implementing it and making it the historical law.

Binance's legal trouble highlight the need for regulatory clarity in the crypto currency space, the current congressional efforts to ban stock trading by law makers are primarily focused on traditional securities with ongoing discussion about the inclusion of digital assets.