House Democrats are moving to crack down on politicians profiting from memecoins, with a new bill that could ban public officials from issuing,

The US Congress is reportedly set to consider legislation that would ban the issuance of memecoins like President Donald Trump’s Official Trump (TRUMP) token. House Democrats are preparing to introduce the Modern Emoluments and Malfeasance Enforcement (MEME) Act,

Sam Liccardo, a freshman congressman who represents Silicon ... adding that Trump’s meme coin raises concerns about transparency, insider trading and improper foreign influence. The bill is set to be called the Modern Emoluments and Malfeasance ...

Sam Liccardo is leading the push against Trump’s meme coin ... He added that Trump’s token raised concerns about transparency, insider trading, and improper foreign influence, saying that even some of Trump’s supporters disapproved of the meme ...

The measure was prompted by reports that President Donald Trump and First Lady Melania Trump made a windfall on their respective meme coins.

A California Democrat plans to introduce the Modern Emoluments and Malfeasance Enforcement Act, or MEME Act, on Thursday.

The intersection of politics and cryptocurrency is once again under scrutiny as House Democrats, led by Congressman Sam Liccardo (D-CA), introduce the Modern Emoluments and Malfeasance Enforcement (MEME) Act.

A freshman California Democrat congress member is proposing legislation to prevent lawmakers from profiting off meme assets.

Democratic politicians are calling for restrictions on politicians profiting from the launch or promotion of memecoins.

Sam Liccardo, a freshman congressman who represents ... adding that Trump’s meme coin raises concerns about transparency, insider trading and improper foreign influence. The bill is set to ...