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House Democrats Propose MEME Act to Ban Public Officials from Issuing Memecoins, Targeting Trump’s Recent Launch

House Democrats Propose MEME Act to Ban Public Officials from Issuing Memecoins, Targeting Trump’s Recent Launch


Coinpedia
2025-02-27 14:01:58

The post House Democrats Propose MEME Act to Ban Public Officials from Issuing Memecoins, Targeting Trump’s Recent Launch appeared first on Coinpedia Fintech News US President Donald Trump has been criticized for launching his meme-coin with little knowledge of cryptocurrency. The coin initially surged due to his influence but then crashed, causing major losses for investors. In response, the US Congress is considering legislation to ban public officials from creating meme-coins like Trump’s TRUMP token to prevent such issues …


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