#MEMEAct The "Modern Law for the Compliance of Emoluments and Misappropriation" (MEME Act) seeks to prevent public officials and their families from profiting from digital assets such as cryptocurrencies and meme coins. Introduced by Congressman Sam Liccardo, it aims to address concerns about potential conflicts of interest and the misuse of public office for personal gain, especially following the rise of meme coins linked to politics. The law proposes to prohibit officials from issuing or promoting such assets and would impose penalties for non-compliance.