US senator calls for ban on elected officials issuing memecoins
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.”
Cointelegraph·
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.
Read full articleThe 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.”
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President Donald Trump has brushed off ethics concerns over the at least $1.4 billion his family ventures earned from crypto in 2025, insisting there is “nothing illegal” about the haul. He also said he does not track the details of the profits. Trump Waves Off Conflict Questions President Donald Trump on July 2 defended the […]
Critics contend that the value of Trump-linked tokens stemmed more from political access than investment fundamentals.
President Donald Trump addressed the issue of his family’s cryptocurrency earnings in an interview on July 2nd, held in the Oval Office. This happened after the release of the financial statements for the year 2025, revealing over $1.2 billion of earnings from the cryptocurrencies associated with family business operations. While