#MEMEAct "Modern Emoluments and Malfeasance Enforcement Act". It is a proposed law in the United States with the main objective of prohibiting federal officials and their families from profiting from the issuance, sponsorship, or promotion of digital assets, including so-called "meme coins".
In essence, it seeks to combat corruption and the use of public office for private financial gain in the context of cryptocurrencies and other assets.