Senator Gillibrand Seeks to Ban Trump, Elected Officials From Launching Meme Coins
After President Trump disclosed over $1 billion in crypto-related earnings, Senator Kirsten Gillibrand is calling for a meme coin ban.
Crypto News·
President Donald Trump’s crypto income disclosure has intensified Senate ethics demands as lawmakers debate the CLARITY Act. In a recent statement, Sen. Kirsten Gillibrand reiterated her call for a ban on members of Congress and their spouses issuing or promoting…
Read full articleAfter President Trump disclosed over $1 billion in crypto-related earnings, Senator Kirsten Gillibrand is calling for a meme coin ban.
The restriction proposed by Senator Kirsten Gillibrand would bar members of Congress, the US president and their spouses from “issuing or sponsoring their own digital assets.”
The CLARITY Act has regained momentum after Senator Bill Hagerty outlined a revised Senate timeline that points to floor action after lawmakers return from the July recess. According to reports citing Senator Bill Hagerty, the U.S. Senate is expected to…
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Bitcoin bounced from $58,000 toward $62,000 this week, while altcoins recovered and ETF inflows returned.
The US President disclosed earning more than $1 billion from crypto ventures amid discussions of a digital asset market structure bill in Congress and legislation to ban CBDCs awaiting his desk.
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