#MEMEAct Starting daily point streak.

A recent news article about #MEMEAct highlights that U.S. Congressman Sam Liccardo introduced the bill titled Modern Emoluments and Malfeasance Enforcement (MEME) Act in February 2025. This bill seeks to prohibit public officials, including the president, members of Congress, and their immediate family members, from issuing, promoting, or benefiting from cryptocurrencies, especially from memecoins like $TRUMP or $MELANIA.

The proposal arises in response to concerns about potential conflicts of interest and corruption, especially following the launch of tokens linked to political figures. The goal is to prevent officials from using their influence to gain personal benefits through digital assets.