$BTC

US Senator Chris Murphy announced that he will introduce a bill called the "Meme Act" to prevent the president or any member of Congress from issuing or promoting any cryptocurrency in the form of a meme, and this is due to Trump's currency, which Murphy described as the biggest corruption scandal in White House history.

This news has opened a large debate regarding the role of politicians in the crypto world. When a politician or someone from their family promotes a cryptocurrency, they have a significant influence on people, and this can create a serious conflict of interest. This means they could exploit their position to increase the value of the currency and then sell it, profiting at the expense of the people who believed them.

Additionally, this promotion can be perceived by people as a project …