#MEMEAct Meme Act, formally the Modern Emoluments and Malfeasance Enforcement Act, is a bill introduced by U.S. Congressman Sam Liccardo in February 2025. This legislation aims to prohibit elected officials and other federal officials, including their families, from issuing or financially benefiting from meme coins and other digital assets.
The bill was proposed in response to concerns about potential conflicts of interest and exploitation of public office, particularly following the launch of the meme coin "TRUMP." Liccardo argued that such initiatives could lead to insider trading and undue influence. Although the approval of the law remains uncertain, it highlights a growing legislative interest in regulating the intersection between politics and the cryptocurrency market, seeking to establish ethical boundaries for public officials in the digital asset space.