#MEMEAct NPC-Processing Centre

🔊🔊🔊Hey Noobies I have some News for you hot of the press. Our News 🗞️ Dept. has just finished printing and can share the front-page just for you! It's an interesting article which is sure to have far reaching implications. Hear it here first or in the least earlier than most!!! 📢📢📢

BREAKING NEWS!!!

The Modern Emoluments and Malfeasance Enforcement (MEME) Act proposed to address potential conflicts of interest with public officials involvement with digital assets particularly meme coins.

The Act aims to prohibit the President, Vice President, Members of Congress, senior Executive Branch Officials, and their immediate families from issuing, endorsing or sponsoring digital assets. Engaging in promotion of the assets which could lead to personal gain. Violators would be sanctioned and be subject to criminal and civil penalties.

The Act aims to establish clear guidelines, preventing public officials from unduly using the privilege in benefitting from digital assets. It brings to the fore issues of public trust and conflicting financial interests from within government.

The issue of Ethics is at the core of said legislation and though it's at an early stage it seeks to highlight the convergence of politics and cryptocurrencies and the regulatory frameworks which need to be in place...