#MEMEAct MEME Act: US Legislators Move to Ban Political Crypto Exploitation 

In a significant step to address ethical concerns in the cryptocurrency space, US legislators have introduced the Modern Rewards and Abuses Act (MEME). This legislative initiative aims to prohibit federal officials, including the President, Vice President, members of Congress, and their immediate family members, from creating, endorsing, or promoting digital assets such as meme coins and stablecoins.