#MEMEAct Senator Chris Murphy of the Democratic Party recently introduced a new bill called the MEME Act, aimed at prohibiting senior officials—including former President Donald Trump—from promoting or participating in any "presidential cryptocurrency".

This law was proposed after the memecoin $TRUMP surged strongly in the market, leading to a wave of speculation and questions about conflicts of interest when a political figure could financially benefit from their own popularity.

If passed, the MEME Act would mark a new turning point in managing crypto activities related to politicians, establishing a clear boundary between personal influence and financial interests in the Web3 space.