The American 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 meme-based cryptocurrency. This is due to Trump's coin, which Murphy described as the biggest corruption scandal in the history of the White House.

This news has opened a large door for discussion about 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, which can create a serious conflict of interest. This means they might exploit their position to inflate the value of the coin and then sell it, profiting at the expense of those who believed them.

Also, this promotion can lead people to see it as a guaranteed project or backed by the state, which is very dangerous in an unstable market like crypto. In many cases, huge losses have occurred due to the promotion of meme coins that have no real value.

In the end, there must be laws that prevent any politician from getting involved in this field directly or indirectly. Not to stop innovation, but to ensure that people are not deceived and that officials use their power for the benefit of the people, not for their personal gain.

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