$BTC Senate Democrats, led by Jeff Merkley, introduced the "Crypto Corruption Prevention Act," which would prohibit U.S. presidents, members of Congress, and their families from issuing, promoting, or owning cryptocurrencies.

The proposal followed media reports that the Trump family could profit up to $2 billion from their own tokens and stablecoins. Under the bill, officials would have 90 days to disclose any existing digital assets and one year to sell them; concealment of assets would be punishable by criminal penalties. Republicans criticize the measure as a "blow to innovation," while Democrats argue that it is necessary to prevent conflicts of interest.