#MEMEAct

#MEMEAct Targets Crypto Profiteering in U.S. Politics

The Modern Emoluments and Malfeasance Enforcement Act (#MEMEAct) is a 2025 legislative proposal aimed at curbing unethical involvement with digital assets by federal officials. The bill prohibits the President, members of Congress, senior government officials, and their immediate families from creating, promoting, or profiting from cryptocurrencies—particularly meme coins and stablecoins. Prompted by Donald Trump’s controversial backing of the $TRUMP coin, the #MEMEAct introduces retroactive provisions and tough penalties to deter corruption. It represents a major step toward regulating digital assets and restoring public trust in government integrity.