#MEMEAct An unexpected and unforeseen bill is being prepared in the USA. With this initiative for the adoption of the Law, California state representative from the Democratic Party, Sam Liccardo...

***The congressman developed the MEME bill to prohibit officials from issuing and promoting meme coins.

***Democrats are preparing to introduce a bill that prohibits US officials from profiting from crypto assets amid the stories involving the meme coins TRUMP and MELANIA.

***Its name is the Modern Emoluments and Malfeasance Enforcement (MEME) Act.

***The initiative's author called for the reinstatement of criminal responsibility for high-ranking officials and their families for involvement in financial schemes with crypto assets.