#MEMEAct Hello, Binance community! 👋 The universe of meme coins always gives us something to talk about, right? Well, now things are getting more serious because a senator in the United States wants to put a stop to politicians who get involved with them. It is Senator Chris Murphy, who has just proposed legislation with a rather particular name: the "MEME Act"! And no, it is not to regulate internet memes, but something much more focused on politics and crypto.

What is the "MEME Act" About? (Recently Announced)

According to the latest information (announcement on May 6), Senator Murphy (Democrat) presented this "MEME Act" (Modern Emoluments and Malfeasance Enforcement Act). The objective is quite clear: to prohibit the President of the U.S., members of Congress, and other high federal officials from creating, promoting, or profiting from "meme coins" and other digital assets while in office. The idea is that they cannot launch their own "SenatorCoin" or "CasaBlancaToken" to line their pockets! 😂