Stop the Earth, I want to get off.

A bill called the MEME Act has appeared in the U.S. Congress — yes, this is not a joke. MEME stands for "Modern Emoluments and Malfeasance Enforcement." It sounds like the title of an HBO drama about corruption in Web3, but this is reality.

📜 Senator Chris Murphy is seriously proposing to ban the president and members of Congress from issuing or promoting meme coins. The reason? Trump Coin — "the biggest corruption scandal in the history of the White House," as he claims.

🤣 Yes, we live in times when public officials launch meme tokens, and senators fight against them not on Twitter, but with bills.

💰 The underlying issue is simple: Trump Coin on Solana, which gives investors access to private meetings with Donald. More tokens — closer to the throne. Pay-to-play, but on the blockchain.

⚖️ The MEME Act is an attempt to shut this down and put into law: you cannot be a politician and a crypto-influencer at the same time. Especially if you have an avatar with a red hat and $TRUMP in your bio.

#MEMEAct TrumpCoin CryptoPolitics CryptoRegulation Solana MemeCoins Trump2025