#MEMEAct #MEMEAct United States (US) Senator Chris Murphy recently criticized the alleged conflict of interest involving Donald Trump and Trump Meme Coin. He emphasized that this must be stopped immediately by the United States.

According to X, on Wednesday (7/5), Murphy stated that he is working to push a bill that will prohibit government officials, including the president, from promoting digital assets such as Trump Meme Coin.

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He referred to the proposed regulation as the Modern Emoluments and Malfeasance Enforcement (MEME) Act. This law will broadly apply to securities and digital assets, as well as various other types of investments, with the aim of preventing public officials from using their positions for personal financial gain.