#MEMEAct

U.S. Senator Chris Murphy announced that he will introduce a bill called the "Meme Act" to prevent the President or any member of Congress from issuing or promoting any cryptocurrency in the form of a meme. This is due to Trump's cryptocurrency, which Murphy described as the biggest corruption scandal in the history of the White House.

This news has opened a significant discussion about the role of politicians in the crypto world. When a politician or someone from their family promotes a cryptocurrency, they have a significant influence on people, which can create a serious conflict of interest. This means they might exploit their position to raise the value of the currency and then sell it, profiting at the expense of the people who believed them.

Moreover, this promotion could reach people as if it were a legitimate project …