🇺🇸 New “COIN Act” Seeks to Block Trump and Top Officials from Issuing or Endorsing Crypto 🪙🚫
A newly introduced bill — the COIN Act — would prohibit President Trump, his family, and senior officials from launching or promoting cryptocurrencies during their term and for two years afterward.
💬 The reasoning? Potential conflicts of interest, as some officials vocally support crypto while having direct involvement in crypto projects.
But here’s the hypocrisy:
ℹ️ U.S. lawmakers — senators and representatives — can buy and sell stocks of companies they regulate, often with privileged access to information that may move markets.
📈 They’re not banned from influencing or profiting off traditional finance… so why single out crypto?
If the concern is market manipulation or ethics, shouldn’t that apply equally — to stocks and cryptoalike?
Or is this just another political weapon aimed at weakening the growing influence of crypto? 🤷♂️
#COINAct #CryptoRegulation #Trump #CryptoBan #StockTradingBan #InsiderTrading #DoubleStandards #Web3 #PoliticsAndCrypto
#BinanceHODLerSAHARA #BinanceAlphaAlert
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