#MEMEAct

In light of the increasing spread of cryptocurrencies and the emergence of Meme coins, it is essential to establish regulations that protect public trust and prevent the exploitation of political influence for personal gain. I see no objection to politicians or their family members owning cryptocurrencies as regular investors; this is a natural right for any individual. However, promoting cryptocurrencies by them, especially those linked to their names or positions, represents a clear conflict of interest and could open a wide door to corruption and abuse of power.

When a government official promotes a currency, people may be deceived and consider it a guaranteed investment due to the trust associated with their position. This makes the situation dangerous and necessitates prohibition and regulation. There must be a complete separation between political responsibilities and business interests. Therefore, the issuance or promotion of cryptocurrencies by politicians should be completely prohibited, while personal ownership is allowed as long as it does not affect their decisions or threaten the public interest.