“MEME Act” Targets Trump Coin: Crypto Innovation or Corruption Scandal?
Imagine this: A former U.S. President launches a meme coin… and it turns into a multi-million dollar firestorm.
Senator Chris Murphy has just introduced the MEME Act — a bold new bill that would ban the President, Congress members, and their families from creating or profiting from meme coins and other digital assets. Why? Because of one coin: $TRUMP.
Murphy isn’t holding back. He called Trump Coin “the biggest corruption scandal in White House history.” The bill aims to close loopholes and stop political leaders from pumping meme coins tied to their name, influence, or office.
What’s in the MEME Act?
No creating or endorsing meme coins
No profiting from crypto while in office
Clear rules and penalties to enforce it
This comes as public trust in government is already fragile — and crypto, still wild and unregulated, becomes an easy target for political controversy.
Love it or hate it, the MEME Act could set a new precedent: Can politicians truly separate power from profit in the digital era?
Let us know — is this protecting the people or stifling crypto freedom?
