#MEMEAct
Expect more Senate hearings soon. Lawmakers might push for new ethical rules to separate politics from crypto. But will the MEME Act actually pass? Time will tell.
President Trump is in hot water again—this time over a memecoin! A new crypto coin called $TRUMP has hit the market, and it's causing a political storm.
Democratic Senator Chris Murphy just introduced a new law called the MEME Act. It would ban Trump—and other top politicians—from promoting any coins tied to their name. Why? Murphy says it's a major conflict of interest.
Critics say Trump is pushing for looser crypto rules while personally benefiting from his own memecoin. That’s raising eyebrows, with some calling it “crypto corruption.”
Do you think presidents should be allowed to launch their own crypto coins? Let us know in the comments!
