$BTC

Trump’s in Crypto Chaos—Again. This Time, It’s a Memecoin Mess

Looks like Trump’s stirring the pot again—now with a memecoin called $TRUMP. And yeah, it’s blowing up both the crypto world and Capitol Hill.

What’s Going Down?

Senator Chris Murphy (D) just dropped the MEME Act, a bill aimed at banning big-name politicians—Trump included—from hyping coins tied to their name. His take? It’s a massive conflict of interest.

So Why the Freak-Out?

Critics say Trump’s pushing pro-crypto policies while cashing in on his own coin. Some are calling it straight-up “crypto corruption.”

Even the GOP’s Getting Nervous

Not all Republicans are riding with Trump on this one. There’s talk that the whole situation makes the U.S. look shady—especially if a former prez is profiting off crypto while helping shape the rules.

Crypto Bills on Ice

Thanks to the drama, Democrats are hitting pause on other crypto legislation—like stablecoin regs. They’re worried about foreign investors and possible money-laundering tied to Trump-linked coins.

Warren Chimes In

Senator Elizabeth Warren says crypto isn’t the enemy—but it needs guardrails. She wants clear rules to protect people and leave room for innovation.