#MEMEAct $BTC Trump’s Memecoin Sparks Senate Showdown!
A fiery crypto controversy is shaking up U.S. politics — and it’s all about a new memecoin called $TRUMP.
What’s Going On?
Senator Chris Murphy just proposed the MEME Act, a bill that would ban politicians from promoting crypto coins that use their name. The target? Donald Trump and his $TRUMP coin.
Why It Matters
Critics say Trump is using his influence to shape crypto policy — while personally profiting from a memecoin tied to his image. They’re calling it “crypto corruption.”
Republicans Split
Even some Republicans are uneasy. They worry that this could damage America’s global image, with a former president appearing to mix business and political power in the crypto space.
Crypto Legislation Stalls
The fallout is real. Key crypto bills — including stablecoin regulations — are now on pause. Lawmakers are raising red flags about foreign involvement and money-laundering tied to Trump-related assets.
Warren Weighs In
Senator Elizabeth Warren isn’t calling for a crypto ban — but she’s urging clear rules to protect users while supporting innovation.
Market Impact
Bitcoin ($BTC) dipped 1.2%
$MEME coin volumes soared 18% as traders jumped on the hype
What’s Next?
More hearings are on the way. The big question: Will the MEME Act become law? And should politicians be allowed to profit from crypto at all?
Your Take?
Should political figures launch their own coins? Drop your thoughts in the comments!
$n #MEMEAct #CryptoNews #Binance
