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US Congressman pushes MEME Act to ban officials potentially profiting from memecoins – TON BOT

US Congressman pushes MEME Act to ban officials potentially profiting from memecoins

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US Democratic Congressman Sam Liccardo introduced the MEME Act to prevent government officials and their families from profiting from cryptocurrencies, including memecoins. The bill aims to make corruption criminal again by prohibiting officials from benefiting financially from securities, commodities, or cryptocurrencies. It was introduced in response to the controversial launch of TRUMP, a memecoin linked to President Donald Trump. Despite facing legislative hurdles, the bill aims to protect investors from similar schemes in the future.

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