#MEMEAct

Political meme coins have emerged as a controversial intersection of finance and politics, raising ethical and legal concerns. Former President Donald Trump's $TRUMP coin, launched in January 2025, generated over $320 million in fees, offering exclusive perks to top holders, including private dinners and White House tours. Critics argue this blurs the line between political influence and personal profit .

In Argentina, President Javier Milei faced backlash after promoting the $LIBRA coin, which crashed shortly after its launch, leading to investor losses and calls for impeachment .

In response to such incidents, U.S. lawmakers have proposed the MEME Act, aiming to prohibit federal officials and their families from investing in or endorsing digital assets, to prevent conflicts of interest and potential corruption .

As political figures increasingly engage with cryptocurrencies, the debate intensifies over the need for regulation to safeguard democratic integrity and protect investors from potential exploitation.