#MEMEAct The MEME Act, or the "Modern Emoluments and Malfeasance Enforcement Act," aims to prevent federal officials from profiting from the creation or promotion of meme coins. This legislation seeks to enhance accountability and curb potential abuses of public office related to cryptocurrency. It establishes stricter regulations on the involvement of government officials in cryptocurrency ventures, ensuring transparency in their financial dealings. The act also mandates disclosures of any financial interests in digital assets, aiming to eliminate conflicts of interest and protect the integrity of public service. Additionally, it encourages the development of guidelines for ethical conduct in the rapidly evolving landscape of digital currencies.