#MEMEAct Rep. Sam Liccardo, aims to prohibit U.S. presidents, vice presidents, members of Congress, and their immediate families from issuing, endorsing, or promoting digital assets, including meme coins and stablecoins. This legislation responds to ethical concerns arising from former President Trump's involvement in crypto ventures, notably the $TRUMP coin, which reportedly generated substantial profits for the Trump family while resulting in significant investor losses. The Act seeks to prevent conflicts of interest and restore public trust by ensuring that public officials do not exploit their positions for personal financial gain in the digital asset space. While facing challenges in a divided Congress, the MEME Act underscores the growing call for clear ethical guidelines in the rapidly evolving crypto landscape. #MEMEAct #CryptoEthics