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A US Congresswoman introduces a bill to ban the trading of the Trump Meme cryptocurrency $TRUMP
California Representative Maxine Waters, a prominent member of the House Financial Services Committee, announced plans to introduce legislation to ban the trading of the Trump Meme cryptocurrency $TRUMP .
Representative Waters stated that the bill to stop trading and holding funds and unfair market rewards in the cryptocurrency sector aims to prevent the US President, Vice President, members of Congress, and their families from engaging in "cryptocurrency crimes."
The US Congresswoman pointed out that Trump and his wife Melania issued personal "Meme Coins" in January, and his family launched a stablecoin, $USD1
, through the cryptocurrency platform "World Liberty Financial," and the President's attempt to create a national Bitcoin reserve, with his children supporting a Bitcoin mining project.
