Waters Proposes 'Stop Crypto Corruption' Bill, Coinciding with Trump's Memecoin Event

According to reports, as President Trump is about to hold his memecoin holders' dinner, Democratic Congresswoman Waters has introduced a new bill directly targeting the president's involvement in cryptocurrency issues. Waters stated that Trump's crypto project is not only deceiving investors but could also allow foreign powers to purchase influence in the White House. The bill aims to prohibit the president, members of Congress, and their immediate family members from holding digital assets that can be unilaterally altered. Meanwhile, there are concerns in Washington regarding Trump's crypto connections, and previous activities of the Trump family in the crypto industry have sparked discussions. Additionally, several Democratic lawmakers are jointly supporting this bill to prevent officials from trading digital assets and using insider information during their tenure.