๐๐ฟ๐๐ฝ๐๐ผ ๐๐ต๐ฎ๐ผ๐: ๐๐ผ๐ป๐ด๐ฟ๐ฒ๐๐ ๐ฆ๐๐ฟ๐ถ๐ธ๐ฒ๐ ๐๐ฎ๐ฐ๐ธ ๐ฎ๐ ๐ง๐ฟ๐๐บ๐ฝ ๐๐ผ๐๐๐ $๐ง๐ฅ๐จ๐ ๐ฃ ๐๐ฎ๐น๐ฎ
Just hours before Donald Trump's exclusive gala for top $TRUMP memecoin holders, Rep. Maxine Waters dropped a political bombshell: a new bill aimed at stopping โcrypto corruptionโ in Washington.
โฌ๏ธ Whatโs in the Waters Bill?
The โStop Trading, Retention, and Unfair Market Payoffs in Crypto Act of 2025โ would:
โ Ban U.S. presidents, vice presidents, lawmakers, and their families from owning enough crypto to influence its governance
โ Prohibit them from trading, promoting, or profiting off digital assets while in office
โ Tackle insider information abuse in the crypto space
โฌ๏ธ Why Now?
The timing is no coincidence. The bill comes just before Trumpโs memecoin gala, hosted at his private golf club. Attendees had to hold large amounts of $TRUMP โ with gala tickets ranging from $55,000 to $37.7 million.
Notably, Justin Sun confirmed heโll be there, calling himself Trumpโs โTOP fan.โ
โฌ๏ธ A Direct Shot at Trump
Waters called Trumpโs memecoin โa scamโ and a โbackdoor for foreign influence,โ suggesting adversaries like Russia or China could use it to gain political favors.
Meanwhile, Trumpโs crypto ventures โ including coins from both him and Melania, plus a new Trump-backed stablecoin via World Liberty Financial โ are raising alarm bells across Capitol Hill.
โณ Whatโs Next?
With bipartisan bills on stablecoins and market structure already in the works, this move escalates the tension between crypto-friendly populism and regulatory crackdowns.
Get ready โ the battle over crypto in politics is just heating up.
