Meme Coin Move in the U.S. 🤔🤔
U.S. Senator Chris Murphy has announced that he is working on a new bill aimed at banning Presidents and members of Congress from launching meme coin projects linked to their names. This legislative move comes amid a surge in crypto projects associated with Donald Trump’s name, raising concerns over the intersection of political influence and digital assets.
In his statement, Murphy described the meme coin projects allegedly tied to Trump as “the biggest corruption scandal in White House history.” He emphasized that the initiative is a necessary step to prevent political figures from profiting directly or indirectly from the crypto market. Former San Jose Mayor and fellow Democrat Sam Liccardo is reportedly supporting the drafting of the bill