$TRUMP advance of cryptocurrencies in the United States, and even less the participation of the presidential family in this market. In this regard, a group of senators introduced a bill that seeks to block Trump's gains in the crypto sector. This controversy intensifies after the scandal related to the memecoin TRUMP.
Under the name "Law to End Crypto Corruption," the proposal aims to address the conflict of interest. Essentially, it seeks to prevent officials in important positions from holding investments in sectors over which they may influence through regulatory decisions. Thus, an attempt is made to curb the earnings of President Trump, legislators, and direct family members.
Amid concerns over the regulation of stablecoins, Democrats respond with this new project that points directly to digital assets linked to political figures. Senator Jeff Merkley leads the initiative. It is worth noting that the proposal will be discussed a few days before the vote on the GENIUS project.